Priscilla Sims Brown - 31 Dec 2023 Form 5 Insider Report for Amalgamated Financial Corp. (AMAL)

Role: President & CEO
Signature: /s/ Priscilla Sims Brown
Issuer symbol: AMAL
Transactions as of: 31 Dec 2023
Net transactions value: -$385,567
Form type: 5
Filing time: 20 Feb 2024, 21:46:56 UTC
Previous filing: 17 Feb 2023
Next filing: 21 Feb 2024
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		+9,583	+17%		66,824	25 Feb 2023	Direct	F1
transaction	AMAL	Common Stock	Tax liability	$62,719	-2,678	-4%	$23.42	64,146	25 Feb 2023	Direct	F2
transaction	AMAL	Common Stock	Options Exercise		+51,218	+80%		115,364	01 Jun 2023	Direct	F1
transaction	AMAL	Common Stock	Tax liability	$322,848	-21,726	-19%	$14.86	93,638	01 Jun 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	-9,583	-33%	$0.000000	19,169	25 Feb 2023	Common Stock	9,583		Direct	F1, F4
transaction	AMAL	Restricted Stocks Units	Options Exercise	$0	-51,218	-50%	$0.000000	51,218	01 Jun 2023	Common Stock	51,218		Direct	F1, F5

* 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 Column 5 of this Table I is composed of 27,754 unvested Restricted Stock Units awarded on 2/15/2023, previously reported in Table I of a Form 4, 29,487 shares of Common Stock owned outright by the reporting person, and the 6,905 net shares following this annual installment from a Restricted Stock Unit award dated 2/25/2022, previously reported in Table II of a Form 4.
F3	The total reported in Column 5 of this Table I is composed of 27,754 unvested Restricted Stock Units awarded on 2/15/2023, previously reported in Table I of a Form 4, 29,487 shares of Common Stock owned outright by the reporting person, 6,905 net shares following the annual installment from a Restricted Stock Unit award dated 2/25/2022, previously reported in Table II of a Form 4, and the 29,492 net shares following this annual installment from a Restricted Stock Unit award dated 06/01/2021, previously reported in Table II of a Form 4.
F4	On February 25, 2022, the reporting person was granted 28,752 Restricted Stock Units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F5	On June 1, 2021, the reporting person was granted 153,657 Restricted Stock Units, vesting in three equal annual installments beginning on the first anniversary of the grant date.