MALONEY MICHAEL PATRICK 4
4 · HUDSON VALLEY HOLDING CORP · Filed Dec 11, 2012
Insider Transaction Report
Form 4
MALONEY MICHAEL PATRICK
DirectorEVP of HUVL Operating Sub.
Transactions
- Award
Common Stock
2012-12-07+25,000→ 30,885 total
Holdings
- 777
Employee Stock Option (Right to Buy)
Exercise: $18.79Exp: 2015-01-01→ Common Stock (777 underlying) - 1,867
Employee Stock Option (Right to Buy)
Exercise: $18.77Exp: 2015-01-01→ Common Stock (1,867 underlying) - 2,332
Employee Stock Option (Right to Buy)
Exercise: $23.77Exp: 2016-02-07→ Common Stock (2,332 underlying)
Footnotes (3)
- [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 35% for each of the third and fourth year. Accordingly, 3,750 shares will vest on each 12/7/2013 and 12/7/2014 and 8,750 shares will vest on each 12/7/2015 and 12/7/2016.
- [F2]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the date of the original grant of 01/01/2005. Accordingly, all options are presently exercisable.
- [F3]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the date of the original grant of 02/07/2006. Accordingly, all options are presently exercisable.