Keith Suchodolski - 07 Jan 2023 Form 4 Insider Report for Kearny Financial Corp. (KRNY)

Role
SEVP and CFO
Signature
/s/ Gail Corrigan, pursuant to power of attorney
Issuer symbol
KRNY
Transactions as of
07 Jan 2023
Net transactions value
-$64,142
Form type
4
Filing time
09 Jan 2023, 13:50:49 UTC
Previous filing
09 Aug 2022
Next filing
08 Aug 2023
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 +6,300 +9% $0.000000 76,167 07 Jan 2023 Direct F1, F2, F3, F4
transaction KRNY Common Stock Tax liability $64,142 -6,307 -8.3% $10.17 69,860 07 Jan 2023 Direct F2, F3, F4
holding KRNY Common Stock 12,981 07 Jan 2023 By ESOP F5
holding KRNY Common Stock 8,765 07 Jan 2023 By 401(k) F5
holding KRNY Common Stock 428 07 Jan 2023 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 6,902 07 Jan 2023 Common Stock 6,902 $9.82 Direct
holding KRNY Stock Options 75,000 07 Jan 2023 Common Stock 75,000 $15.35 Direct
holding KRNY Stock Options 75,000 07 Jan 2023 Common Stock 75,000 $13.38 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 7, 2019, the reporting person was granted 31,500 shares of restricted stock which vest at a rate of 20% per year commencing on January 7, 2020, subject to certain performance criteria. The performance criteria for the fiscal year ended June 30, 2022 were met, resulting in the vesting of 6,300 shares of restricted stock.
F2 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2023.
F3 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2022.
F4 Includes shares of restricted stock which vest at a rate of 20% per year commencing on January 7, 2020.
F5 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F6 Stock options vest at a rate of 20% per year commencing on January 7, 2020.