Jeffrey S. Wilks - Dec 31, 2021 Form 5 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
Director
Signature
/s/ JEFFREY S. WILKS
Stock symbol
VLY
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/14/2022, 12:44 PM
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLY Common Stock Gift $0 -267K -78.28% $0.00 74K Nov 1, 2021 Wife F1
transaction VLY Common Stock Gift $0 +267K $0.00 267K Nov 1, 2021 Lise Wilks 2021 GST Trust F1
holding VLY Common Stock 60.7K Dec 31, 2021 Direct
holding VLY Common Stock 12.2K Dec 31, 2021 Jeffrey Wilks as Trustee FBO Lise Spiegel
holding VLY Common Stock 2.75K Dec 31, 2021 Lise and Jeffrey Wilks Family Foundation
holding VLY Common Stock 10.2K Dec 31, 2021 Jeffrey Wilks as Trustee FBO Jack Philip Wilks
holding VLY Common Stock 10.1K Dec 31, 2021 Lise Wilks as Trustee FBO David Wilks
holding VLY Common Stock 10.2K Dec 31, 2021 Jeffrey Wilks as Trustee FBO Andrew Jay Wilks
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 266,804 shares previously held by the Lise Wilks 2020 Grantor Trust ("2020 Trust") were distributed from the 2020 Trust to a trust, of which the reporting person's spouse is sole trustee and beneficiary and which trust is a beneficiary of the 2020 Trust, in an exempt transaction under Rule 16a-13. This trust then immediately contributed these 266,804 shares to the Lise Wilks 2021 GST Trust, for which the reporting person serves as trustee, for no consideration.