FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GIORDANO ANTHONY III
2. Issuer Name and Ticker or Trading Symbol

CENTRAL JERSEY BANCORP [ CJBK ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Senior EVP, CFO and Treasurer
(Last)          (First)          (Middle)

C/O CENTRAL JERSEY BANCORP, 1903 HIGHWAY 35
3. Date of Earliest Transaction (MM/DD/YYYY)

8/23/2010
(Street)

OAKHURST, NJ 07755
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.01 par value   8/23/2010     M    13510   A $3.18   13510   D    
Common Stock, $.01 par value   8/23/2010     F    5806   D $7.4   7704   D    
Common Stock, $.01 par value                  650   I   (1) By IRA  
Common Stock, $.01 par value                  650   I   (2) By IRA  
Common Stock, $.01 par value                  2756   I   (3) By SEP  
Common Stock, $.01 par value                  16138   I   (4) By 401(k)  
Common Stock, $.01 par value                  2401   I   (5) By IRA  
Common Stock, $.01 par value                  597   I   (6) By Son  
Common Stock, $.01 par value                  2652   I   (7) By IRA  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   $3.18   8/23/2010     M         13510    8/31/2000   8/31/2010   Common Stock, par value $.01 per share   13510   $0   0   D    

Explanation of Responses:
( 1)  Shares held in an Education IRA for the benefit of Mr. Giordano's son, Andrew Giordano, as to which shares Mr. Giordano disclaims beneficial interest.
( 2)  Shares held in an Education IRA for the benefit of Mr. Giordano's son, Anthony Giordano, IV, as to which shares Mr. Giordano disclaims beneficial interest.
( 3)  These shares are held by Charles Schwab & Co. in a Simplified Employee Pension Plan account for the benefit of Mr. Giordano's spouse, as to which shares he disclaims any beneficial interest.
( 4)  These shares are held pursuant to the Central Jersey Bank, N.A. 401(k) plan for the benefit of Mr. Giordano.
( 5)  These shares are held by Charles Schwab & Co. in an Individual Retirement Account for the benefit of Mr. Giordano's spouse, as to which shares he disclaims any beneficial interest.
( 6)  These shares are held by Mr. Giordano as custodian for his son under the Uniform Transfers to Minors Act, as to which shares he disclaims any beneficial interest.
( 7)  These shares are held by Charles Schwab & Co. in an Individual Retirement Account for the benefit of Mr. Giordano.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GIORDANO ANTHONY III
C/O CENTRAL JERSEY BANCORP
1903 HIGHWAY 35
OAKHURST, NJ 07755


Senior EVP, CFO and Treasurer

Signatures
/s/ James S. Vaccaro as Attorney-in-Fact for Anthony Giordano, III 9/1/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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