John V. Dunne - 01 Jun 2023 Form 4 Insider Report for Kearny Financial Corp. (KRNY)

Signature
/s/ Gail Corrigan, pursuant to power of attorney
Issuer symbol
KRNY
Transactions as of
01 Jun 2023
Net transactions value
-$11,912
Form type
4
Filing time
02 Jun 2023, 12:12:02 UTC
Previous filing
09 Aug 2022
Next filing
08 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRNY Common Stock Award $0 +2,685 +7.4% $0.000000 39,186 01 Jun 2023 Direct F1, F2, F3, F4
transaction KRNY Common Stock Tax liability $11,912 -1,739 -4.4% $6.85 37,447 01 Jun 2023 Direct F2, F3, F4
holding KRNY Common Stock 8,892 01 Jun 2023 By ESOP F5
holding KRNY Common Stock 2,134 01 Jun 2023 By 401(k) F5
holding KRNY Common Stock 100 01 Jun 2023 By Spouse

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 40,000 01 Jun 2023 Common Stock 40,000 $15.35 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 1, 2021 the reporting person was granted 13,426 shares of restricted stock which vest at a rate of 20% per year commencing on June 1, 2022, subject to certain performance criteria. The performance criteria for the fiscal year ended June 30, 2022 were met, resulting in the vesting of 2,685 shares of restricted stock.
F2 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2022.
F3 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2023.
F4 Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 1, 2022.
F5 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.