TRUSTCO BANK CORP N Y·4

Nov 19, 3:55 PM ET

SALVADOR SCOT R 4

4 · TRUSTCO BANK CORP N Y · Filed Nov 19, 2024

Insider Transaction Report

Form 4
Period: 2024-11-15
SALVADOR SCOT R
EVP & EVP COMMERICAL BANKING
Transactions
  • Exercise/Conversion

    COMMON STOCK

    [F2][F1][F4]
    2024-11-15+87650,170 total
  • Disposition to Issuer

    COMMON STOCK

    [F1][F4]
    2024-11-15$36.66/sh876$32,11449,294 total
  • Exercise/Conversion

    COMMON STOCK

    [F3][F1][F5]
    2024-11-16+98850,282 total
  • Disposition to Issuer

    COMMON STOCK

    [F1][F5]
    2024-11-16$36.66/sh988$36,22049,294 total
  • Exercise/Conversion

    RESTRICTED STOCK UNIT

    [F2][F4]
    2024-11-15876877 total
    Exercise: $0.00COMMON STOCK (876 underlying)
  • Exercise/Conversion

    RESTRICTED STOCK UNIT

    [F3][F5]
    2024-11-169880 total
    Exercise: $0.00COMMON STOCK (988 underlying)
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 15, 2023.
  • [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 16, 2022.
  • [F4]One third of the restricted stock units awarded November 15, 2022 "vested" on November 15, 2024 and were settled in cash.
  • [F5]One third of the restricted stock units awarded November 16, 2021 "vested" on November 16, 2024 and were settled in cash.
Signature
/S/MICHAEL M. OZIMEK, BY POWER OF ATTORNEY|2024-11-19

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4