Leslie Veluswamy - Nov 7, 2023 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Role
Executive Vice President & CAO
Signature
/s/Leslie Veluswamy
Stock symbol
AMAL
Transactions as of
Nov 7, 2023
Transactions value $
-$14,605
Form type
4
Date filed
11/9/2023, 07:10 PM
Previous filing
Feb 17, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Options Exercise +2.09K +59.96% 5.58K Nov 7, 2023 Direct F1, F2
transaction AMAL Common Stock Tax liability -$14.6K -754 -13.51% $19.37 4.83K Nov 7, 2023 Direct
transaction AMAL Common Stock Award $0 +2.58K +53.47% $0.00 7.41K Nov 7, 2023 Direct F3

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 Restricted Stocks Units Options Exercise $0 -2.09K -100% $0.00* 0 Nov 7, 2023 Common Stock 2.09K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into Common Stock on a one-for-one basis.
F2 The total reported in this Column 5 includes 2,092 Restricted Stock Units awarded on November 7, 2022 and previously reported on Table II of a Form 4, these Units vested on November 7, 2023 and are reported herein, further the total also includes 2,733 unvested Restricted Stock Units awarded on February 15, 2023, previously reported in Table I of a Form 4, and 756 Common Stock shares purchased under the Company's Employee Stock Purchase Plan.
F3 This reported transaction involved the Reporting Person's receipt of a Grant of 2,581 Restricted Stock Units. The total reported in this Column 5 includes vested Restricted Stock Units previously reported in Table II of a Form 4, unvested Restricted Stock Units previously reported in Table I of a Form 4 and Common Stock shares purchased under the Company's Employee Stock Purchase Plan.
F4 On November 7, 2022, the Reporting Person was granted 2,092 Restricted Stock Units, vesting in one installment on the first anniversary of the grant date.