Thomas A. Iadanza - Feb 22, 2023 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
President
Signature
/s/ Thomas A Iadanza
Stock symbol
VLY
Transactions as of
Feb 22, 2023
Transactions value $
$645,361
Form type
4
Date filed
2/24/2023, 11:34 AM
Previous filing
Feb 3, 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 +16.8K +7.33% $0.00 246K Feb 22, 2023 Direct F1
transaction VLY Common Stock Award $1.12M +94K +38.28% $11.92 340K Feb 22, 2023 Direct F2
transaction VLY Common Stock Tax liability -$475K -39.9K -11.74% $11.92 300K 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.