TRUSTCO BANK CORP N Y 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 24, 2015
Insider Transaction Report
Form 4
PURDY WILLIAM J
Director
Transactions
- Disposition to Issuer
COMMON STOCK
2015-11-20$6.47/sh−1,500$9,705→ 77,698 total - Exercise/Conversion
COMMON STOCK
2015-11-20+1,500→ 79,198 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2015-11-20−1,500→ 0 totalExercise: $0.00→ COMMON (1,500 underlying)
Footnotes (3)
- [F1]Reflects cash settlement of 1,500 restricted stock units that settled only for cash.
- [F2]Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of one share of Issuer Common Stock on the settlement date.
- [F3]The restricted stock units "vested" in whole November 20, 2015 and were settled in cash.