Home/Filings/4/0001209191-13-031217
4//SEC Filing

HUDSON VALLEY HOLDING CORP 4

Accession 0001209191-13-031217

CIK 0000722256operating

Filed

Jun 6, 8:00 PM ET

Accepted

Jun 7, 5:25 PM ET

Size

12.5 KB

Accession

0001209191-13-031217

Insider Transaction Report

Form 4
Period: 2013-06-06
PALAIA VINCENT T
EVP of HUVL Operating Sub
Transactions
  • Exercise/Conversion

    Common Stock

    2013-06-06$16.97/sh+7,051$119,655140,429 total
  • Exercise/Conversion

    Employee Stock Options (Right-to-Buy)

    2013-06-067,0510 total
    Exercise: $16.96Exp: 2014-01-01Common Stock (7,051 underlying)
  • Sale

    Common Stock

    2013-06-06$17.63/sh7,051$124,309133,378 total
Holdings
  • Employee Stock Options (Right-to-Buy)

    Exercise: $18.78Exp: 2015-01-01Common Stock (6,413 underlying)
    6,413
  • Employee Stock Options (Right-to-Buy)

    Exercise: $23.77Exp: 2016-02-07Common Stock (5,830 underlying)
    5,830
  • Common Stock

    (indirect: By Spouse)
    12,604
Footnotes (4)
  • [F1]Includes 994 shares of the Restricted Stock which will vest over 3 years commencing on 03/06/2014, at a rate of 1/3 for each of the three years. Accordingly, 332 shares will vest on 03/06/2014, and 331 shares will vest on each of 03/06/2015 and 03/06/2016. Vesting of the remaining 1,983 shares is contingent upon the achievement of specified performance criteria.
  • [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 01/01/2004. 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 01/01/2005. Accordingly, all options are presently exercisable.
  • [F4]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.

Issuer

HUDSON VALLEY HOLDING CORP

CIK 0000722256

Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000722256

Filing Metadata

Form type
4
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 5:25 PM ET
Size
12.5 KB