CUSHING ROBERT T 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 21, 2017
Insider Transaction Report
Form 4
CUSHING ROBERT T
CFO & EVP
Transactions
- Exercise/Conversion
RESTRICTED STOCK UNIT
2017-11-18−8,250→ 0 totalExercise: $0.00→ COMMON STOCK (8,250 underlying) - Exercise/Conversion
COMMON STOCK
2017-11-18+8,250→ 8,252 total - Disposition to Issuer
COMMON STOCK
2017-11-18$9.00/sh−8,250$74,250→ 2 total
Holdings
- 544,310(indirect: By Spouse)
COMMON STOCK
Footnotes (3)
- [F1]Reflects cash settlement of 8,250 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 18, 2017 and were settled in cash.