SALVADOR SCOT R 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 19, 2024
Insider Transaction Report
Form 4
SALVADOR SCOT R
EVP & EVP COMMERICAL BANKING
Transactions
- Exercise/Conversion
COMMON STOCK
[F2][F1][F4]2024-11-15+876→ 50,170 total - Disposition to Issuer
COMMON STOCK
[F1][F4]2024-11-15$36.66/sh−876$32,114→ 49,294 total - Exercise/Conversion
COMMON STOCK
[F3][F1][F5]2024-11-16+988→ 50,282 total - Disposition to Issuer
COMMON STOCK
[F1][F5]2024-11-16$36.66/sh−988$36,220→ 49,294 total - Exercise/Conversion
RESTRICTED STOCK UNIT
[F2][F4]2024-11-15−876→ 877 totalExercise: $0.00→ COMMON STOCK (876 underlying) - Exercise/Conversion
RESTRICTED STOCK UNIT
[F3][F5]2024-11-16−988→ 0 totalExercise: $0.00→ COMMON 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