1 unchanged sentence
During the quarter, we did not sell any equity securities not registered under the Securities Act of 1933, as amended.
−Removed: Purchases of equity securities by the issuer and affiliated purchasers during the three months ended March 31, 2022 were as follows:
+Added: Purchases of equity securities by the issuer and affiliated purchasers during the three months ended June 30, 2022 were as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
7 unchanged sentences
Purchased Under the Plans (3)
−Removed: January 1, 2022 to January 31, 2022 869,041 $ 13.77 451,000 2,046,473
−Removed: February 1, 2022 to February 28, 2022 860,112 13.47 563,503 1,482,970
−Removed: March 1, 2022 to March 31, 2022 5,287 14.43 — 1,482,970
+Added: April 1, 2022 to April 30, 2022 1,130 $ 12.60 — 25,000,000
+Added: May 1, 2022 to May 31, 2022 10,142 11.98 — 25,000,000
+Added: June 1, 2022 to June 30, 2022 9,031 13.63 — 25,000,000
Total 20,303 $ 12.75 —
1 unchanged sentence
(2) On January 17, 2007, Valley publicly announced its intention to repurchase up to 4.7 million outstanding common shares in the open market or in privately negotiated transactions.
−Removed: The repurchase plan has no stated expiration date.
−Removed: No repurchase plans or programs expired or terminated during the three months ended March 31, 2022.
−Removed: On April 26, 2022, Valley terminated its 2007 stock repurchase plan (and the remaining shares available for repurchase under this plan in the table above).
+Added: On April 26, 2022, Valley terminated its 2007 stock repurchase plan.
(3) On April 26, 2022, Valley publicly announced a stock repurchase program for up to 25 million shares of Valley common stock.
The authorization to repurchase will expire on April 25, 2024.
+Added: Janis, Senior Executive Vice President and General Counsel of the Company, notified the Company in April 2022 of his intention to retire as of May 1, 2022.
+Added: Michael, who joined the Company in November 2006, most recently serving as the Company’s Deputy General Counsel since January 2017, was appointed as Executive Vice President and General Counsel effective May 1, 2022.
(3) Articles of Incorporation and By-laws:
2 unchanged sentences
(10) Material Contracts:
−Removed: (10.1) Investor Rights Agreement, dated as of April 1, 2022, by and between Valley National Bancorp and Bank Leumi Le-Israel B.M., incorporated herein by reference to Exhibit 10.1 to the Registrant's Form 8-K Current Report filed on April 1, 2022.
−Removed: (10.2) Separation Agreement and General Release between Valley National Bank and Robert Bardusch dated as of February 16, 2022.*
+Added: (10.1) Consulting Agreement, dated as of May 1, 2022, by and between Valley National Bancorp and Avner Mendelson .
(31.1) Certification of Ira Robbins, Chairman of the Board and Chief Executive Officer of the Company, pursuant to Securities Exchange Rule 13a-14(a).*
11 unchanged sentences
/s/ Ira Robbins
−Removed: May 9, 2022 Ira Robbins
+Added: August 9, 2022 Ira Robbins
Chairman of the Board and
2 unchanged sentences
/s/ Michael D.
−Removed: May 9, 2022 Michael D.
+Added: August 9, 2022 Michael D.
Senior Executive Vice President and
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.