SEC Form 4 · accession 0000714310-17-000053
VALLEY NATIONAL BANCORP · VLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan D Eskow
Officer — Senior EVP & CFO
Period of report
Jan 27, 2017
Accepted (ET)
Jan 31, 2017 · 1:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000714310
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 27, 2017 | F | 4,438 | $12.20 | D | 300,461 | D | |
| Common Stock | Jan 30, 2017 | F | 4,098 | $12.29 | D | 296,363 | D | |
| Common Stock | Jan 31, 2017 | F | 6,049 | $12.07 | D | 290,314 | D | |
| Common Stock | Jan 31, 2017 | F | 5,041 | $12.07 | D | 285,273 | D | |
| Common Stock | holding | — | — | — | 1,435 | I | Ira/wife | |
| Common Stock | holding | — | — | — | 51,796 | I | Spouse | |
| Common Stock (401k Plan)F3 | holding | — | — | — | 5,352 | D | ||
| Preferred Stock (Roth IRA) | holding | — | — | — | 790 | D | ||
| Common Stock (Roth IRA) | holding | — | — | — | 10,578 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The amount of securities beneficially owned has been adjusted to reflect the forfeiture of performance-based restricted shares granted in January 2014 and originally reported on Form 4. These shares did not vest based on the applicable total shareholder return and growth in tangible book value conditions measured over the three-year performance period ending December 31, 2016.
- F2Adjusted for additional shares acquired through Valley National Bancorp's Dividend Reinvestment Plan.
- F3Holdings under the Valley National Bank's 401K Plan has been updated to reflect reporting person's balance in the Plan.