Sec Form 3 Filing - BANK LEUMI LE ISRAEL BM @ VALLEY NATIONAL BANCORP - 2022-04-01

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person BANK LEUMI LE ISRAEL BM 2. Issuer Name and Ticker or Trading Symbol VALLEY NATIONAL BANCORP [ VLY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 24-32 YEHUDA HALEVI ST. 3. Date of Earliest Transaction (MM/DD/YY) 04/01/2022 (Street) TEL AVIV, L365545 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 71,861,862( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other BANK LEUMI LE ISRAEL BM 24-32 YEHUDA HALEVI ST. TEL AVIV, L365545 X Signatures /s/ Omer Ziv 04/11/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On April 1, 2022, Valley National Bancorp (Valley) completed its acquisition of Bank Leumi Le-Israel Corporation (Leumi USA) pursuant to the Agreement and Plan of Merger (the Merger Agreement) it entered into on September 22, 2021. Pursuant to the terms of the Merger Agreement, Valley issued shares of its common stock to former holders of shares of common stock of Leumi USA. As of immediately prior to the effective time of the merger, the Reporting Person, Bank Leumi le-Israel B.M. (Leumi), owned shares of common stock of Leumi USA. At the effective time, and as a result, of the merger, each share of common stock of Leumi USA owned by Leumi immediately prior to such effective time, was converted into the right to receive 3.8025 shares of Valley common stock and $5.08 in cash, in each case, in accordance with the terms and conditions of the Merger Agreement, resulting in Leumi being entitled to, and as a result of the merger receiving, 71,861,862 shares of Valley common stock.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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