Form 4 for VLY VALLEY NATIONAL BANCORP
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0000714310-24-000048 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-02-22 | 2024-02-20 | VLY | Iadanza Thomas A | Pres | A - Grant | $6.74 | +112.7K | 315.5K | +56% | +$759.0K |
| 2024-02-22 | 2024-02-20 | VLY | Iadanza Thomas A | Pres | F - Tax | $8.51 | -37.8K | 366.9K | -9% | -$322.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-20 | A | A | 89,193 | $8.51 | 404,694 | D | — | — | (F2) Payout of performance stock units granted in early 2021. |
| 2 | Common | Common Stock | 2024-02-20 | A | A | 23,502 | $0.00 | 315,501 | D | — | — | (F1) Restricted stock units (RSUs) granted under the Valley National Bancorp 2023 Long Term Incentive Stock Plan. The RSUs are time-based with three-year equal vesting, with vesting on each February 1 for the next three years. |
| 3 | Common | Common Stock | 2024-02-20 | F | D | 37,836 | $8.51 | 366,858 | D | — | — | (F3) Shares withheld to satisfy tax withholding obligations arising upon the payout of performance stock units in a transaction exempt under Rule 16b-3. |