Jason Darby - 02 Jun 2022 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Role
Senior Executive VP and CFO
Signature
/s/Jason Darby
Issuer symbol
AMAL
Transactions as of
02 Jun 2022
Net transactions value
-$142,573
Form type
4
Filing time
06 Jun 2022, 15:16:46 UTC
Previous filing
12 May 2022
Next filing
03 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Options Exercise $260,150 +18,920 +144% $13.75 32,090 02 Jun 2022 Direct F1
transaction AMAL Common Stock Tax liability $312,066 -14,603 -46% $21.37 17,487 02 Jun 2022 Direct F1
transaction AMAL Common Stock Sale $90,657 -4,317 -25% $21.00 13,170 02 Jun 2022 Direct F1, F2

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
transaction AMAL Non-Qualified Stock Option (right to buy) Options Exercise $0 -18,920 -100% $0.000000* 0 02 Jun 2022 Common Stock 18,920 $13.75 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 5/20/2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.07. The reporting person undertakes to provide to AMAL, any security holder of AMAL, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 Stock options vested in three equal installments on each of 1/1/2018, 1/1/2019, and 1/1/2020.