Priscilla Brown - Jun 1, 2024 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Signature
/s/ Priscilla Sims Brown
Stock symbol
AMAL
Transactions as of
Jun 1, 2024
Transactions value $
-$549,259
Form type
4
Date filed
6/4/2024, 05:24 PM
Previous filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Options Exercise +51.2K +31.09% 216K Jun 1, 2024 Direct F1
transaction AMAL Common Stock Tax liability -$549K -21.7K -10.06% $25.28 194K Jun 1, 2024 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 Restricted Stocks Units Options Exercise $0 -51.2K -100% $0.00* 0 Jun 1, 2024 Common Stock 51.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of AMAL stock.
F2 The total reported in Column 5 of this Table I includes 941 shares of Common Stock purchased under the Company's Employee Stock Purchase Program, during Q1 of the program's cycle.
F3 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.