Deborah Silodor - Nov 11, 2021 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Role
EVP & General Counsel
Signature
/s/ Deborah Silodor
Stock symbol
AMAL
Transactions as of
Nov 11, 2021
Transactions value $
-$723,846
Form type
4
Date filed
11/16/2021, 04:09 PM
Previous filing
May 19, 2021
Next filing
Jan 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Class A Common Stock Options Exercise $1.24M +104K +4317.37% $12.00 106K Nov 11, 2021 Direct F1
transaction AMAL Class A Common Stock Tax liability -$1.62M -82.9K -78.12% $19.51 23.2K Nov 11, 2021 Direct
transaction AMAL Class A Common Stock Sale -$258K -13.2K -56.77% $19.59 10K Nov 11, 2021 Direct F2
transaction AMAL Class A Common Stock Sale -$86.2K -4.48K -44.7% $19.22 5.55K Nov 12, 2021 Direct F3
transaction AMAL Class A Common Stock Sale -$6.98K -367 -6.62% $19.03 5.18K Nov 15, 2021 Direct F4

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 Employee Stock Option (right to buy) Options Exercise $0 +38.5K +1604.33% $0.00 40.9K Nov 11, 2021 Common Stock 38.5K $12.00 Direct F1
transaction AMAL Employee Stock Option (right to buy) Options Exercise $0 +33.6K +82.16% $0.00 74.5K Nov 11, 2021 Common Stock 33.6K $13.75 Direct F1
transaction AMAL Employee Stock Option (right to buy) Options Exercise $0 +31.5K +42.29% $0.00 106K Nov 11, 2021 Common Stock 31.5K $14.65 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents three tranches of options: (i) 38520, vesting in three tranches beginning on January 1, 2016 at $12, (ii) 33620 vesting in three tranches beginning on January 1, 2017 at $13.75, (iii) 31520 vesting in three tranches beginning on January 1, 2018 at $14.65.
F2 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.40- $19.89 inclusive. 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 in any of the numbers presented as a weighted average.
F3 The price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.15-$19.47.
F4 The price in Column 4 is a weighted average price. The shares were sold in multiple tranches at prices ranging from $19.12-$19, inclusive.