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

Role
EVP and CFO
Signature
/s/ Gail Corrigan, pursuant to power of attorney
Issuer symbol
KRNY
Transactions as of
01 Dec 2021
Net transactions value
-$24,329
Form type
4
Filing time
02 Dec 2021, 14:26:28 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 +2,200 +4.6% $0.000000 50,288 01 Dec 2021 Direct F1, F2, F6
transaction KRNY Common Stock Tax liability $24,329 -1,937 -3.9% $12.56 48,351 01 Dec 2021 Direct F1, F2
holding KRNY Common Stock 7,523 01 Dec 2021 By 401(k) F5
holding KRNY Common Stock 10,819 01 Dec 2021 By ESOP F5
holding KRNY Common Stock 143 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 75,000 01 Dec 2021 Common Stock 75,000 $13.38 Direct F3
holding KRNY Stock Options 75,000 01 Dec 2021 Common Stock 75,000 $15.35 Direct F4
holding KRNY Stock Options 6,902 01 Dec 2021 Common Stock 6,902 $9.82 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 11,000 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 2,200 shares of restricted stock.