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

Role
SEVP, Chief Customer Officer
Signature
/s/ Joseph V. Chillura
Stock symbol
VLY
Transactions as of
Feb 22, 2023
Transactions value $
$368,733
Form type
4
Date filed
2/24/2023, 03:02 PM
Previous filing
Feb 2, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLY Common Stock (with Spouse) Award $0 +10.5K +1.61% $0.00 660K Feb 22, 2023 Direct F1
transaction VLY Common Stock (with Spouse) Award $487K +40.9K +6.19% $11.92 701K Feb 22, 2023 Direct F2
transaction VLY Common Stock (with Spouse) Tax liability -$119K -9.95K -1.42% $11.92 691K Feb 22, 2023 Direct
holding VLY Common Stock (IRA) 35K 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.