Timothy A. Swansson - Dec 1, 2021 Form 4 Insider Report for Kearny Financial Corp. (KRNY)

Role: EVP and CTIO
Signature: /s/ Gail Corrigan, pursuant to power of attorney
Stock symbol: KRNY
Transactions as of: Dec 1, 2021
Transactions value $: -$12,711
Form type: 4
Date filed: 12/2/2021, 02:27 PM
Previous filing: Jun 1, 2021
Next filing: Dec 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRNY	Common Stock	Award	$0	+2.2K	+10.89%	$0.00	22.4K	Dec 1, 2021	Direct	F1, F2, F5
transaction	KRNY	Common Stock	Tax liability	-$12.7K	-1.01K	-4.52%	$12.56	21.4K	Dec 1, 2021	Direct	F1, F2
holding	KRNY	Common Stock						6.21K	Dec 1, 2021	By 401(k)	F4
holding	KRNY	Common Stock						18.4K	Dec 1, 2021	By ESOP	F4

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						75K	Dec 1, 2021	Common Stock	75K	$15.35	Direct	F3
holding	KRNY	Stock Options						34.5K	Dec 1, 2021	Common Stock	34.5K	$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 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 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.