Thomas A. Iadanza - 22 Feb 2023 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
President
Signature
/s/ Thomas A Iadanza
Issuer symbol
VLY
Transactions as of
22 Feb 2023
Transactions value $
$645,361
Form type
4
Filing time
24 Feb 2023, 11:34:52 UTC
Previous filing
03 Feb 2023
Next filing
05 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLY Common Stock Award $0 +16,779 +7.33% $0 245,656 22 Feb 2023 Direct F1
transaction VLY Common Stock Award $1,120,825 +94,029 +38.28% $11.92 339,685 22 Feb 2023 Direct F2
transaction VLY Common Stock Tax liability -$475,464 -39,888 -11.74% $11.92 299,797 22 Feb 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSUs) granted under the Valley National Bancorp 2021 Long Term Incentive Stock Plan. The RSUs are time-based with three-year equal vesting, with vesting on each February 1 for the next three years.
F2 Payout of performance stock unit granted in early 2020.