MARK SAEGER - 22 Feb 2023 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
EVP, CCO
Signature
/s/ Mark Saeger
Issuer symbol
VLY
Transactions as of
22 Feb 2023
Net transactions value
+$218,053
Form type
4
Filing time
24 Feb 2023, 15:09:15 UTC
Previous filing
03 Feb 2023
Next filing
05 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLY Common Stock Award $0 +9,963 +13% $0.000000 89,385 22 Feb 2023 Direct F1
transaction VLY Common Stock Award $487,313 +40,882 +46% $11.92 130,267 22 Feb 2023 Direct F2
transaction VLY Common Stock Tax liability $269,261 -22,589 -17% $11.92 107,678 22 Feb 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSUs) granted under the Valley National Bancorp 2021 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.
F2 Payout of performance stock unit granted in early 2020.