Timothy A. Swansson - Jun 1, 2022 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
Jun 1, 2022
Transactions value $
-$20,373
Form type
4
Date filed
6/2/2022, 02:11 PM
Previous filing
Jan 10, 2022
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 +2.69K +10.36% $0.00 28.6K Jun 1, 2022 Direct F1, F2, F4
transaction KRNY Common Stock Tax liability -$20.4K -1.66K -5.79% $12.31 27K Jun 1, 2022 Direct F1, F2
holding KRNY Common Stock 6.44K Jun 1, 2022 By 401(k) F3
holding KRNY Common Stock 19.9K Jun 1, 2022 By ESOP F3

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 Jun 1, 2022 Common Stock 75K $15.35 Direct
holding KRNY Stock Options 34.5K Jun 1, 2022 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 restricted stock units which vest at a rate of 33% per year commencing on August 7, 2022.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F4 On June 1, 2021, the reporting person was granted 13,426 shares of restricted stock which vests at a rate of 20% per year commencing on June 1, 2022, 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 2,685 shares of restricted stock.