HUDSON VALLEY HOLDING CORP 4/A
4/A · HUDSON VALLEY HOLDING CORP · Filed Nov 4, 2013
Insider Transaction Report
Form 4/AAmended
BROWN STEPHEN R
DirectorSenior EVP, CFO & Treasurer
Transactions
- Tax Payment
Common Stock
2013-08-26$19.13/sh−4,067$77,802→ 157,224 total
Footnotes (2)
- [F1]The original Form 4 filed on 08/27/2013 contained a typographical error that reflected the transaction date as 06/26/2013. The correct transaction date is 08/26/2013.
- [F2]Includes 44,000 shares of Restricted Stock for which vesting is contingent upon the achievement of specified performance criteria. Certain performance criteria have been met and 11,000 shares vested on August 26, 2013. Vesting of the remaining 33,000 shares of Restricted Stock is contingent upon the achievement of additional specified performance criteria. 22,000 shares of Restricted Stock vest over 4 years, which commenced on 05/10/2013, at a rate of 15% for each of the first and second years and at a rate of 35% for each of the third and fourth years. Accordingly, 3,300 shares vested on 05/10/2013, 3,300 shares will vest on 05/10/2014 and 7,700 shares will vest on each of 05/10/2015 and 05/10/2016.