James D. Nesci - 02 May 2023 Form 4 Insider Report for Blue Foundry Bancorp (BLFY)

Role: President and CEO, Director
Signature: /s/ Zachary Davis, pursuant to power of attorney
Issuer symbol: BLFY
Transactions as of: 02 May 2023
Net transactions value: +$8,670
Form type: 4
Filing time: 03 May 2023, 17:01:19 UTC
Previous filing: 08 Mar 2023
Next filing: 18 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLFY	Common Stock	Purchase	$8,670	+1,000	+2.9%	$8.67	35,882	02 May 2023	By IRA
holding	BLFY	Common Stock						114,090	02 May 2023	Direct	F1
holding	BLFY	Common Stock						8,500	02 May 2023	By 401(k)
holding	BLFY	Common Stock						4,320	02 May 2023	By ESOP	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	BLFY	Stock Options						570,450	02 May 2023	Common Stock	570,450	$11.69	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of restricted stock vest ratably for seven years commencing on March 6, 2024.
F2	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
F3	Stock options vest ratably for seven years commencing on October 19, 2023.