Filing Details
- Accession Number:
- 0000714310-21-000006
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2021-01-26 17:29:00
- Reporting Period:
- 2021-01-14
- Accepted Time:
- 2021-01-26 17:29:00
- Original Submission Date:
- 2021-01-19
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 714310 | Valley National Bancorp | VLY | National Commercial Banks (6021) | 222477875 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1387248 | J Kevin Lynch | 1455 Valley Road Wayne NJ 07470 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-01-14 | 300,000 | $7.47 | 374,395 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-01-14 | 300,000 | $10.94 | 74,395 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options | Disposition | 2021-01-14 | 300,000 | $0.00 | 300,000 | $7.47 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,017,326 | 2019-12-01 | 2021-08-18 | No | 4 | M | Direct |
Footnotes
- On January 19, 2021, a Form 4 (the "Original Form 4") was filed to report the reporting person's exercise of 300,000 stock options and sale of the underlying shares on January 14, 2021 and the exercise of an additional 300,000 stock options and sale of the underlying shares on January 15, 2021, in each case pursuant to a 10b5-1 plan entered into on December 14, 2020. The January 15th exercise and sale transactions were executed by the reporting person's broker in error. These transactions were subsequently unwound through the broker's error account and therefore did not occur for purposes of the reporting person's account. This Form 4/A amends and restates the Original Form 4 by re-reporting the January 14th exercise and sale transactions and omitting the January 15th exercise and sale transactions.
- The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.74 to $10.995, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.
Billionaire Hedge Funds
