Sam Brown - Nov 3, 2022 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Role
Executive VP
Signature
/s/ Sam Brown
Stock symbol
AMAL
Transactions as of
Nov 3, 2022
Transactions value $
$258,562
Form type
4
Date filed
11/7/2022, 05:57 PM
Previous filing
Aug 26, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Options Exercise $462K +33.6K +1812.4% $13.75 35.5K Nov 3, 2022 Direct F1, F2
transaction AMAL Common Stock Tax liability -$632K -25.3K -71.37% $24.98 10.2K Nov 3, 2022 Direct F1
transaction AMAL Common Stock Sale -$33.5K -1.34K -13.19% $25.01 8.82K Nov 3, 2022 Direct F3, F4
holding AMAL Common Stock 3K Nov 3, 2022 Custodian of Account for Mr. Brown's Children

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 $462K +33.6K $13.75 6.96K Nov 3, 2022 Common Stock 33.6K $13.75 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options vested in three equal installments on each of 1/1/2017, 1/1/2018, and 1/1/2019.
F2 This number includes 1065 shares purchased under the Company's Employee Stock Purchase Plan.
F3 The disposition reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/02/2022.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.04 - $25.00. 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.