Mitchell L. Crandell - Feb 22, 2023 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
EVP & Chief Accounting Officer
Signature
/s/ MITCHELL L. CRANDELL
Stock symbol
VLY
Transactions as of
Feb 22, 2023
Transactions value $
$122,526
Form type
4
Date filed
2/24/2023, 12:04 PM
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 +5.24K +12.61% $0.00 46.8K Feb 22, 2023 Direct F1
transaction VLY Common Stock Award $244K +20.4K +43.65% $11.92 67.3K Feb 22, 2023 Direct F2
transaction VLY Common Stock Tax liability -$121K -10.2K -15.11% $11.92 57.1K 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.