John Dunne V - 01 Dec 2021 Form 4 Insider Report for Kearny Financial Corp. (KRNY)

Role: EVP and CRO
Signature: /s/ Gail Corrigan, pursuant to power of attorney
Issuer symbol: KRNY
Transactions as of: 01 Dec 2021
Net transactions value: -$10,764
Form type: 4
Filing time: 02 Dec 2021, 14:24:23 UTC
Previous filing: 01 Jun 2021
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	+1,400	+6.2%	$0.000000	24,119	01 Dec 2021	Direct	F1, F2, F5
transaction	KRNY	Common Stock	Tax liability	$10,764	-857	-3.6%	$12.56	23,262	01 Dec 2021	Direct	F1, F2
holding	KRNY	Common Stock						1,529	01 Dec 2021	By 401(k)	F4
holding	KRNY	Common Stock						5,436	01 Dec 2021	By ESOP	F4
holding	KRNY	Common Stock						100	01 Dec 2021	By Spouse

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						40,000	01 Dec 2021	Common Stock	40,000	$15.35	Direct	F3

* 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 June 1, 2022.
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 December 1, 2017.
F4	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5	On December 1, 2016 the reporting person was granted 7,000 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 1,400 shares of restricted stock.