TRUSTCO BANK CORP N Y 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 22, 2016
Insider Transaction Report
Form 4
PURDY WILLIAM J
Director
Transactions
- Exercise/Conversion
COMMON STOCK
2016-11-21+1,500→ 82,443 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2016-11-21−1,500→ 0 totalExercise: $0.00→ COMMON STOCK (1,500 underlying) - Disposition to Issuer
COMMON STOCK
2016-11-21$8.15/sh−1,500$12,225→ 80,943 total
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 19, 2016 and were settled in cash.