Michael D. Hagedorn - Feb 22, 2023 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
SEVP, Chief Financial Officer
Signature
/s/ MICHAEL D. HAGEDORN
Stock symbol
VLY
Transactions as of
Feb 22, 2023
Transactions value $
$438,787
Form type
4
Date filed
2/24/2023, 11:24 AM
Previous filing
Feb 2, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLY Common Stock Award $0 +15.2K +34.72% $0.00 59K Feb 22, 2023 Direct F1
transaction VLY Common Stock Award $883K +74.1K +125.57% $11.92 133K Feb 22, 2023 Direct F2
transaction VLY Common Stock Tax liability -$444K -37.3K -28.01% $11.92 95.8K Feb 22, 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.