4//SEC Filing
SKUTHAN FRANK 4
Accession 0001209191-13-015311
CIK 0000722256other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 4:30 PM ET
Size
10.0 KB
Accession
0001209191-13-015311
Insider Transaction Report
Form 4
SKUTHAN FRANK
EVP&COO of HUVL Operating Sub
Transactions
- Award
Common Stock
2013-03-06+3,300→ 52,209 total
Holdings
- 4,801
Employee Stock Options (Right to Buy)
Exercise: $16.99Exp: 2014-01-01→ Common Stock (4,801 underlying) - 3,679
Employee Stock Options (Right to Buy)
Exercise: $18.85Exp: 2015-01-01→ Common Stock (3,679 underlying) - 5,830
Employee Stock Options (Right to Buy)
Exercise: $23.77Exp: 2016-01-01→ Common Stock (5,830 underlying)
Footnotes (6)
- [F1]1,102 shares of the Restricted Stock will vest over 3 years commencing on 03/06/2014, at a rate of 1/3 for each of the three years. Accordingly, 368 shares will vest on 03/06/2014, and 367 shares will vest on each of 03/06/2015 and 03/06/2016. Vesting of the remaining 2,198 shares is contingent upon the achievement of specified performance criteria.
- [F2]Includes 27,500 shares of Restricted Stock which vest 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 rate of 35% for each of the third and fourth year. Accordingly, 4,125 shares will vest on each of 12/7/2013 and 12/7/2014 and 9,625 shares will vest on each of 12/7/2015 and 12/7/2016.
- [F3]21,409 shares are held jointly by Reporting Person and spouse.
- [F4]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the date of the first anniversary of the original grant of 01/01/2004. Accordingly, all options are presently exercisable.
- [F5]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the date of the first anniversary of the date of the original grant of 01/01/2005. Accordingly, all options are presently exercisable.
- [F6]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the date of the first anniversary of the date of the original grant of 02/07/2006. Accordingly, all options are presently exercisable.
Documents
Issuer
HUDSON VALLEY HOLDING CORP
CIK 0000722256
Entity typeother
Related Parties
1- filerCIK 0001191173
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 4:30 PM ET
- Size
- 10.0 KB