HALL MICHAEL JAMES 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 25, 2024
Insider Transaction Report
Form 4
HALL MICHAEL JAMES
GENERAL COUNSEL & SECRETARY
Transactions
- Exercise/Conversion
COMMON STOCK
2024-11-21+271→ 10,159 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2024-11-21+271→ 541 total→ COMMON STOCK (271 underlying) - Disposition to Issuer
COMMON STOCK
2024-11-21$36.77/sh−271$9,965→ 9,888 total
Holdings
- 1,210
RESTRICTED STOCK UNIT
→ COMMON STOCK (1,210 underlying) - 192
RESTRICTED STOCK UNIT
→ COMMON STOCK (192 underlying) - 225
STOCK OPTIONS
Exercise: $32.15Exp: 2025-11-17→ COMMON STOCK (225 underlying)
Footnotes (7)
- [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 21, 2024.
- [F3]One third of the restricted stock units awarded November 21, 2023 "vested" on November 21, 2024 and were settled in cash.
- [F4]The restricted stock units vest in three equal annual installments beginning on November 19, 2025. Settlement of the restricted stock units will be settled in cash.
- [F5]The restricted stock units vest in three equal annual installments beginning on November 15, 2023. Settlement of the restricted stock units will be settled in cash.
- [F6]The options, which were granted to the reporting person on November 17, 2015, vested in five equal annual installments beginning on November 17, 2016.
- [F7]Each restricted stock unit represents a contingent right to receive a payment in cash equal to the fair market value of issued common stock, as determined on the date of vesting of the restricted stock unit.