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

Role
President & CEO
Signature
/s/ Priscilla Sims Brown
Stock symbol
AMAL
Transactions as of
Dec 31, 2023
Transactions value $
-$385,567
Form type
5
Date filed
2/20/2024, 09:46 PM
Previous filing
Feb 17, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Options Exercise +9.58K +16.74% 66.8K Feb 25, 2023 Direct F1
transaction AMAL Common Stock Tax liability -$62.7K -2.68K -4.01% $23.42 64.1K Feb 25, 2023 Direct F2
transaction AMAL Common Stock Options Exercise +51.2K +79.85% 115K Jun 1, 2023 Direct F1
transaction AMAL Common Stock Tax liability -$323K -21.7K -18.83% $14.86 93.6K Jun 1, 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 -9.58K -33.33% $0.00 19.2K Feb 25, 2023 Common Stock 9.58K Direct F1, F4
transaction AMAL Restricted Stocks Units Options Exercise $0 -51.2K -50% $0.00 51.2K Jun 1, 2023 Common Stock 51.2K 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.