FORM 4 [ ] 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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Silodor Deborah
2. Issuer Name and Ticker or Trading Symbol

Amalgamated Financial Corp. [ AMAL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP & General Counsel
(Last)          (First)          (Middle)

275 SEVENTH AVE.
3. Date of Earliest Transaction (MM/DD/YYYY)

11/11/2021
(Street)

NEW YORK, NY 10001
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Class A Common Stock 11/11/2021 11/11/2021 M  103660 A$12 106061 (1)D  
Class A Common Stock 11/11/2021  F  82860 D$19.51 23201 D  
Class A Common Stock 11/11/2021  S  13171 D$19.59 (2)10030 D  
Class A Common Stock 11/12/2021  S  4483 D$19.22 (3)5547 D  
Class A Common Stock 11/15/2021  S  367 D$19.03 (4)5180 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy) $12 11/11/2021 11/11/2021 M   38520 (1)   11/11/2021 1/1/2026 Common Stock 38520 $0 40921 D  
Employee Stock Option (right to buy) $13.75 11/11/2021  M   33620    11/11/2021 1/1/2026 Common Stock 33620 (1)$0 74541 D  
Employee Stock Option (right to buy) $14.65 11/11/2021  M   31520 (1)   11/11/2021 1/1/2028 Common Stock 31520 $0 106061 D  

Explanation of Responses:
(1) This represents three tranches of options: (i) 38520, vesting in three tranches beginning on January 1, 2016 at $12, (ii) 33620 vesting in three tranches beginning on January 1, 2017 at $13.75, (iii) 31520 vesting in three tranches beginning on January 1, 2018 at $14.65.
(2) The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.40- $19.89 inclusive. The reporting person undertakes to provide to AMAL, any security holder of AMAL, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price in any of the numbers presented as a weighted average.
(3) The price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.15-$19.47.
(4) The price in Column 4 is a weighted average price. The shares were sold in multiple tranches at prices ranging from $19.12-$19, inclusive.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Silodor Deborah
275 SEVENTH AVE.
NEW YORK, NY 10001


EVP & General Counsel

Signatures
/s/ Deborah Silodor11/16/2021
**Signature of Reporting PersonDate

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