Cullen Susan K 4
4 · HUDSON VALLEY HOLDING CORP · Filed Feb 26, 2013
Insider Transaction Report
Form 4
Cullen Susan K
EVP of Primary Operating Sub
Transactions
- Purchase
Common Stock
2013-02-22$16.14/sh+1.882$30→ 508.112 total(indirect: By IRA)
Holdings
- 17,500
Common Stock
Footnotes (2)
- [F1]Acquisition through broker-sponsored dividend reinvestment plan.
- [F2]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 of 12/7/2013 and 12/7/2014 and 6,125 shares will vest on each of 12/7/2015 and 12/7/2016.