Anthony V. Bilotta Jr - Sep 15, 2021 Form 4 Insider Report for Kearny Financial Corp. (KRNY)

Role
EVP and Chief Banking Officer
Signature
/s/ Gail Corrigan, pursuant to power of attorney
Stock symbol
KRNY
Transactions as of
Sep 15, 2021
Transactions value $
-$88,738
Form type
4
Date filed
9/17/2021, 11:10 AM
Next filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRNY Common Stock Award $0 +8.5K +17.69% $0.00 56.5K Sep 15, 2021 Direct F1, F4
transaction KRNY Common Stock Tax liability -$88.7K -7.1K -12.56% $12.50 49.4K Sep 15, 2021 Direct F1
holding KRNY Common Stock 103 Sep 15, 2021 By 401(k) F3
holding KRNY Common Stock 2.73K Sep 15, 2021 By ESOP F3
holding KRNY Common Stock 80 Sep 15, 2021 By BEP F3

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 KRNY Stock Options 100K Sep 15, 2021 Common Stock 100K $13.55 Direct F2
* 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 at a rate of 20% per year commencing on September 15, 2019.
F2 Stock options vest at a rate of 20% per year commencing on September 15, 2019.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F4 On September 15, 2018 the reporting person was granted 42,500 shares of restricted stock which vest at a rate of 20% per year commencing on September 15, 2019, subject to the satisfaction of certain performance criteria. The performance criteria for the fiscal year ended June 30, 2021 were met, resulting in the vesting of 8,500 shares of restricted stock.