SALVADOR SCOT R 4

4 · TRUSTCO BANK CORP N Y · Filed Nov 20, 2023

Form 4

Period: 2023-11-16

EVP & CHIEF BANKING OFFICER

Transactions

Exercise/Conversion
COMMON STOCK
2023-11-16+987→ 49,969 total
Exercise/Conversion
RESTRICTED STOCK UNIT
2023-11-16−987→ 988 total
Exercise: $0.00→ COMMON STOCK (987 underlying)
Exercise/Conversion
RESTRICTED STOCK UNIT
2023-11-17−1,059→ 0 total
Exercise: $0.00→ COMMON STOCK (1,059 underlying)
Disposition to Issuer
COMMON STOCK
2023-11-16$27.82/sh−987$27,458→ 48,982 total
Exercise/Conversion
COMMON STOCK
2023-11-17+1,059→ 50,041 total
Disposition to Issuer
COMMON STOCK
2023-11-17$27.78/sh−1,059$29,419→ 48,982 total

Footnotes (5)

[F1]Reflects cash settlement of 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. The restricted stock units vest in three equal annual installments beginning on November 16, 2022.
[F3]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. The restricted stock units vest in three equal annual installments beginning on November 17, 2021.
[F4]One third of the restricted stock units awarded November 16, 2021 "vested" on November 16, 2023 and were settled in cash.
[F5]One third of the restricted stock units awarded November 17, 2020 "vested" on November 17, 2023 and were settled in cash.

Documents

1 file