Anderson Johanna B 4
4 · TOMPKINS FINANCIAL CORP · Filed Nov 14, 2023
Insider Transaction Report
Form 4
Anderson Johanna B
EVP, President TCB CNY
Transactions
- Award
Common Stock
2023-11-09$51.02/sh+1,160$59,183→ 1,270.556 total
Holdings
- 1,269.069
Phantom Stock
→ Common Stock (1,269.069 underlying)
Footnotes (2)
- [F1]Restricted stock was granted pursuant to the Tompkins Financial Corporation 2019 Equity Incentive Plan. Restricted stock grants have a five-year vesting schedule with 0% vesting in year one and 25% vesting in years two through five. The grant will expire ten years from the date of the grant.
- [F2]Each share of phantom stock is the economic equivalent of one share of common stock. Phantom stock represents deferred stock compensation under the Amended and Restated Retainer Plan for Eligible Directors of Tompkins Financial Corporation and its Wholly-Owned Subsidiaries. These shares are held in a rabbi trust pending distribution upon the occurrence of certain events specified in the Plan. The reporting person has no voting or investment power over the shares prior to such distribution.