MICHAEL D. HAGEDORN - 22 Feb 2023 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
SEVP, Chief Financial Officer
Signature
/s/ MICHAEL D. HAGEDORN
Issuer symbol
VLY
Transactions as of
22 Feb 2023
Net transactions value
+$438,787
Form type
4
Filing time
24 Feb 2023, 11:24:52 UTC
Previous filing
02 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 +15,206 +35% $0.000000 59,007 22 Feb 2023 Direct F1
transaction VLY Common Stock Award $883,248 +74,098 +126% $11.92 133,105 22 Feb 2023 Direct F2
transaction VLY Common Stock Tax liability $444,461 -37,287 -28% $11.92 95,818 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.