Anthony V Bilotta Jr. - 15 Sep 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
Issuer symbol: KRNY
Transactions as of: 15 Sep 2021
Net transactions value: -$88,738
Form type: 4
Filing time: 17 Sep 2021, 11:10:09 UTC
Next filing: 10 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRNY	Common Stock	Award	$0	+8,500	+18%	$0.000000	56,542	15 Sep 2021	Direct	F1, F4
transaction	KRNY	Common Stock	Tax liability	$88,738	-7,099	-13%	$12.50	49,443	15 Sep 2021	Direct	F1
holding	KRNY	Common Stock						103	15 Sep 2021	By 401(k)	F3
holding	KRNY	Common Stock						2,734	15 Sep 2021	By ESOP	F3
holding	KRNY	Common Stock						80	15 Sep 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						100,000	15 Sep 2021	Common Stock	100,000	$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.