Cullen Susan K 4
4 · HUDSON VALLEY HOLDING CORP · Filed Dec 11, 2012
Insider Transaction Report
Form 4
Cullen Susan K
EVP of Primary Operating Sub
Transactions
- Award
Common Stock
2012-12-07+17,500→ 17,500 total
Holdings
- 506.23(indirect: By IRA)
Common Stock
Footnotes (1)
- [F1]Restricted Stock vests over 4 years on the anniversary of the grant commencing 12/7/2013, at a rate of 15% for each of the first and second year and a rate of 35% for each of the third and fourth year. Accordingly, 2,625 shares will vest on each 12/7/2013 and 12/7/2014 and 6,125 shares will vest on each 12/7/2015 and 12/7/2016.