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

Role
Chief Executive Officer, Director
Signature
/s/ IRA D. ROBBINS
Issuer symbol
VLY
Transactions as of
22 Feb 2023
Net transactions value
+$988,311
Form type
4
Filing time
24 Feb 2023, 11:29:30 UTC
Previous filing
03 Feb 2023
Next filing
15 Mar 2023
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 +60,823 +15% $0.000000 454,527 22 Feb 2023 Direct F1
transaction VLY Common Stock Award $2,010,177 +168,639 +37% $11.92 623,166 22 Feb 2023 Direct F2
transaction VLY Common Stock Tax liability $1,021,866 -85,727 -14% $11.92 537,439 22 Feb 2023 Direct
holding VLY Common Stock 368 22 Feb 2023 Trustee FBO Minors F3
holding VLY Preferred Stock 800 22 Feb 2023 Wife
holding VLY Common Stock 2,000 22 Feb 2023 Wife
* 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.
F3 Adjusted for additional shares acquired through Dividend Reinvestment Plan.