TRUSTCO BANK CORP N Y 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 24, 2015
Insider Transaction Report
Form 4
Poitras Thomas M
VP & ASSISTANT SECRETARY
Transactions
- Disposition to Issuer
COMMON STOCK
2015-11-20$6.47/sh−1,500$9,705→ 36,242 total - Exercise/Conversion
COMMON STOCK
2015-11-20+1,500→ 37,742 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2015-11-20−1,500→ 0 totalExercise: $0.00→ COMMON (1,500 underlying)
Holdings
- 69(indirect: BY FAMILY)
COMMON STOCK
Footnotes (4)
- [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.
- [F4]The officer no longer has a pecuniary interest in certain shares of family members and therefore these shares have been excluded from the indirect total.