Keith Suchodolski - Jan 7, 2022 Form 4 Insider Report for Kearny Financial Corp. (KRNY)

Role
EVP and CFO
Signature
/s/ Gail Corrigan, pursuant to power of attorney
Stock symbol
KRNY
Transactions as of
Jan 7, 2022
Transactions value $
-$80,931
Form type
4
Date filed
1/10/2022, 06:19 PM
Previous filing
Dec 2, 2021
Next filing
Aug 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRNY Common Stock Award $0 +9.86K +20.39% $0.00 58.2K Jan 7, 2022 Direct F1, F2
transaction KRNY Common Stock Award $0 +6.3K +10.82% $0.00 64.5K Jan 7, 2022 Direct F2, F5
transaction KRNY Common Stock Tax liability -$80.9K -5.92K -9.17% $13.68 58.6K Jan 7, 2022 Direct F2
holding KRNY Common Stock 7.55K Jan 7, 2022 By 401(k) F4
holding KRNY Common Stock 10.9K Jan 7, 2022 By ESOP F4
holding KRNY Common Stock 143 Jan 7, 2022 By BEP 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 Jan 7, 2022 Common Stock 75K $13.38 Direct F3
holding KRNY Stock Options 75K Jan 7, 2022 Common Stock 75K $15.35 Direct
holding KRNY Stock Options 6.9K Jan 7, 2022 Common Stock 6.9K $9.82 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units which vest at a rate of 33% per year commencing on August 7, 2022.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on January 7, 2020.
F3 Stock options vest at a rate of 20% per year commencing on January 7. 2020.
F4 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5 On January 7, 2019 the reporting person was granted 31,500 shares of restricted stock which vests at a rate of 20% per year commencing on January 7, 2020, 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 6,300 shares of restricted stock.