Anthony V. Bilotta Jr - Sep 15, 2022 Form 4 Insider Report for Kearny Financial Corp. (KRNY)

Role
EVP and Chief Banking Officer
Signature
/s/ Gail Corrigan, pursuant to power of attorney
Stock symbol
KRNY
Transactions as of
Sep 15, 2022
Transactions value $
-$73,937
Form type
4
Date filed
9/16/2022, 02:16 PM
Previous filing
Aug 9, 2022
Next filing
Aug 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRNY Common Stock Award $0 +8.5K +13.32% $0.00 72.3K Sep 15, 2022 Direct F1, F2, F3, F6
transaction KRNY Common Stock Tax liability -$73.9K -6.64K -9.19% $11.13 65.6K Sep 15, 2022 Direct F1, F2, F3
holding KRNY Common Stock 107 Sep 15, 2022 By 401(k) F4
holding KRNY Common Stock 4.48K Sep 15, 2022 By ESOP F4
holding KRNY Common Stock 169 Sep 15, 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 100K Sep 15, 2022 Common Stock 100K $13.55 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2023.
F2 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2022.
F3 Includes shares of restricted stock which vest at a rate of 22% per year commencing on September 15, 2019..
F4 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5 Stock options vest at a rate of 20% per year commencing on September 15, 2019.
F6 On September 15, 2018 the reporting person was granted 42,500 shares of restricted stock which vest at a rate of 20% per year commencing on September 15, 2019, subject to the satisfaction of certain performance criteria. The performance criteria for the fiscal year ended June 30, 2022 were met, resulting in the vesting of 8,500 shares of restricted stock.