Anthony V. Bilotta Jr - Sep 15, 2023 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, 2023
Transactions value $
-$23,736
Form type
4
Date filed
9/19/2023, 09:44 AM
Previous filing
Aug 8, 2023
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRNY Common Stock Award $0 +8.5K +11.71% $0.00 81.1K Sep 15, 2023 Direct F1, F2, F3, F4, F5
transaction KRNY Common Stock Tax liability -$23.7K -3.33K -4.11% $7.13 77.8K Sep 15, 2023 Direct F2, F3, F4, F5
holding KRNY Common Stock 6.45K Sep 15, 2023 By ESOP F6
holding KRNY Common Stock 252 Sep 15, 2023 By BEP F6
holding KRNY Common Stock 113 Sep 15, 2023 By 401(k) F6

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, 2023 Common Stock 100K $13.55 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 certain performance criteria. The performance criteria for the fiscal year ended June 30, 2023 were met, resulting in the vesting of 8,500 shares of restricted stock.
F2 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2024.
F3 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2023.
F4 Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2022.
F5 Includes shares of restricted stock which vest at a rate of 20% per year commencing on September 15, 2019.
F6 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F7 Stock options vest at a rate of 20% per year commencing on September 15, 2019.