Timothy A. Swansson - Jun 1, 2023 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, 2023
Transactions value $
-$11,426
Form type
4
Date filed
6/2/2023, 12:14 PM
Previous filing
Aug 9, 2022
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRNY Common Stock Award $0 +2.69K +7.99% $0.00 36.3K Jun 1, 2023 Direct F1, F2, F3, F4
transaction KRNY Common Stock Tax liability -$11.4K -1.67K -4.6% $6.85 34.6K Jun 1, 2023 Direct F2, F3, F4
holding KRNY Common Stock 22.1K Jun 1, 2023 By ESOP F5
holding KRNY Common Stock 7.26K Jun 1, 2023 By 401(k) 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 75K Jun 1, 2023 Common Stock 75K $15.35 Direct
holding KRNY Stock Options 34.5K Jun 1, 2023 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 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.