Joseph V Chillura - 22 Feb 2023 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
SEVP, Chief Customer Officer
Signature
/s/ Joseph V. Chillura
Issuer symbol
VLY
Transactions as of
22 Feb 2023
Net transactions value
+$368,733
Form type
4
Filing time
24 Feb 2023, 15:02:35 UTC
Previous filing
02 Feb 2023
Next filing
16 Nov 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 (with Spouse) Award $0 +10,487 +1.6% $0.000000 660,301 22 Feb 2023 Direct F1
transaction VLY Common Stock (with Spouse) Award $487,313 +40,882 +6.2% $11.92 701,183 22 Feb 2023 Direct F2
transaction VLY Common Stock (with Spouse) Tax liability $118,580 -9,948 -1.4% $11.92 691,235 22 Feb 2023 Direct
holding VLY Common Stock (IRA) 35,000 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.