Home/Filings/4/0000714310-22-000075
4//SEC Filing

Dakkuri Raja A 4

Accession 0000714310-22-000075

CIK 0000714310other

Filed

Apr 4, 8:00 PM ET

Accepted

Apr 5, 2:03 PM ET

Size

7.2 KB

Accession

0000714310-22-000075

Insider Transaction Report

Form 4
Period: 2022-04-01
Dakkuri Raja A
SEVP, Chief Risk Officer
Transactions
  • Award

    Common Stock

    2022-04-01+11,52111,521 total
  • Award

    Common Stock

    2022-04-01+402,380402,380 total
    Exercise: $8.47From: 2022-04-01Exp: 2025-08-22Common Stock (402,380 underlying)
Footnotes (1)
  • [F1]Effective April 1, 2022, Valley National Bancorp ("Valley") completed its acquisition of Bank Leumi Le-Israel Corporation, a New York Corporation ("Leumi USA"), pursuant to the Agreement and Plan of Merger, dated as of September 22, 2021 (the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the merger, each fully vested outstanding Leumi USA stock option held by an active employee of Leumi USA was converted into a stock option to acquire shares of Valley Common Stock, with the number of shares underlying each such stock option and the applicable exercise price adjusted based on an exchange ratio of 4.225 shares of Valley Common Stock per share of Leumi USA Common Stock.

Issuer

VALLEY NATIONAL BANCORP

CIK 0000714310

Entity typeother

Related Parties

1
  • filerCIK 0001363068

Filing Metadata

Form type
4
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 2:03 PM ET
Size
7.2 KB