SCHRECK ERIC W 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 20, 2023
Insider Transaction Report
Form 4
SCHRECK ERIC W
Treasurer
Transactions
- Exercise/Conversion
COMMON STOCK
2023-11-16+987→ 26,609 total - Exercise/Conversion
COMMON STOCK
2023-11-17+318→ 25,940 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2023-11-17−318→ 0 totalExercise: $0.00→ COMMON STOCK (318 underlying) - Disposition to Issuer
COMMON STOCK
2023-11-17$27.78/sh−318$8,834→ 25,622 total - Disposition to Issuer
COMMON STOCK
2023-11-16$27.82/sh−987$27,458→ 25,622 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2023-11-16−987→ 988 totalExercise: $0.00→ COMMON STOCK (987 underlying)
Holdings
- 202(indirect: By Spouse)
COMMON STOCK
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.