Thomas DeMedici - 01 Dec 2021 Form 4 Insider Report for Kearny Financial Corp. (KRNY)

Role
EVP and CCO
Signature
/s/ Gail Corrigan, pursuant to power of attorney
Issuer symbol
KRNY
Transactions as of
01 Dec 2021
Net transactions value
-$23,073
Form type
4
Filing time
02 Dec 2021, 14:23:59 UTC
Next filing
12 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 +3,500 +7.4% $0.000000 50,722 01 Dec 2021 Direct F1, F2, F6
transaction KRNY Common Stock Tax liability $23,073 -1,837 -3.6% $12.56 48,885 01 Dec 2021 Direct F1, F2
holding KRNY Common Stock 23,973 01 Dec 2021 By 401(k) F5
holding KRNY Common Stock 18,335 01 Dec 2021 By ESOP F5
holding KRNY Common Stock 400 01 Dec 2021 By BEP F5

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 50,000 01 Dec 2021 Common Stock 50,000 $13.38 Direct F3
holding KRNY Stock Options 100,000 01 Dec 2021 Common Stock 100,000 $15.35 Direct F4
holding KRNY Stock Options 34,510 01 Dec 2021 Common Stock 34,510 $10.71 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on January 7, 2020.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 1, 2017.
F3 Stock options vest at a rate of 20% per year commencing on January 7, 2020.
F4 Stock options vest at a rate of 20% per year commencing on December 1, 2017.
F5 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F6 On December 1, 2016 the reporting person was granted 17,500 shares of restricted stock which vests at a rate of 20% per year commencing on December 1, 2017, 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 3,500 shares of restricted stock.