Jason Darby - Aug 1, 2022 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Signature
/s/Jason Darby
Stock symbol
AMAL
Transactions as of
Aug 1, 2022
Transactions value $
-$158,682
Form type
4
Date filed
8/3/2022, 04:55 PM
Previous filing
Jun 6, 2022
Next filing
Aug 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Options Exercise $277K +18.9K $14.65 18.9K Aug 1, 2022 Direct F1
transaction AMAL Common Stock Tax liability -$334K -14.5K -76.72% $23.03 4.4K Aug 1, 2022 Direct F1
transaction AMAL Common Stock Sale -$102K -4.4K -100% $23.06 0 Aug 1, 2022 Direct 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 +18.9K $0.00 18.9K Aug 1, 2022 Common Stock 18.9K $14.65 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 06/06/2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.24 - $22.84. The reporting person undertakes to provide to AMAL, anysecurity 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.