4//SEC Filing
LEONARD ROBERT M 4
Accession 0001140361-24-047795
CIK 0000357301other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 5:44 PM ET
Size
12.3 KB
Accession
0001140361-24-047795
Insider Transaction Report
Form 4
LEONARD ROBERT M
SVP & SECRETARY
Transactions
- Exercise/Conversion
COMMON STOCK
2024-11-21+1,600→ 33,925 total - Tax Payment
COMMON STOCK
2024-11-21$36.77/sh−750$27,578→ 33,175 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2024-11-21−1,600→ 3,199 totalExercise: $0.00→ COMMON STOCK (1,600 underlying)
Holdings
- 1,226
RESTRICTED STOCK UNIT
Exercise: $0.00→ COMMON STOCK (1,226 underlying) - 1,215(indirect: BY FAMILY)
COMMON STOCK
- 3,850
RESTRICTED STOCK UNIT
Exercise: $0.00→ COMMON STOCK (3,850 underlying)
Footnotes (7)
- [F1]Represents the vesting and settlement of restricted stock units ("RSUs"), which convert into common stock of the Issuer on a one-for-one basis.
- [F2]In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's common stock were withheld by the Issuer for the payment of withholding taxes due upon the vesting of RSUs.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- [F4]The RSUs vest in three equal annual installments beginning on November 21, 2024, the first anniversary of the date of the grant.
- [F5]The RSUs vest in three equal annual installments beginning on November 19, 2025, the first anniversary of the date of the grant.
- [F6]The RSUs "vest" in three equal annual installments beginning on November 15, 2023, the first anniversary of the date of the grant.
- [F7]Each restricted stock unit represents a contingent right to receive a payment in cash to the fair market value of issued common stock, as determined on the date of the vesting of the restricted stock unit.
Documents
Issuer
TRUSTCO BANK CORP N Y
CIK 0000357301
Entity typeother
Related Parties
1- filerCIK 0001243260
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 5:44 PM ET
- Size
- 12.3 KB