4//SEC Filing
HUDSON VALLEY HOLDING CORP 4
Accession 0001209191-13-053321
CIK 0000722256operating
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 4:27 PM ET
Size
17.2 KB
Accession
0001209191-13-053321
Insider Transaction Report
Form 4
SKUTHAN FRANK
EVP&COO of HUVL Operating Sub
Transactions
- Sale
Common Stock
2013-11-19$19.41/sh−401$7,783→ 56,609 total - Sale
Common Stock
2013-11-19$19.45/sh−4,000$77,800→ 52,609 total - Sale
Common Stock
2013-11-19$19.55/sh−400$7,820→ 52,209 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2013-11-19−4,801→ 0 totalExercise: $16.99Exp: 2014-01-01→ Common Stock (4,801 underlying) - Exercise/Conversion
Common Stock
2013-11-19$16.99/sh+4,801$81,569→ 57,010 total
Holdings
- 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]Includes 1,102 shares of Restricted Stock which 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. Also includes 2,198 shares of Restricted Stock that vested on 10/31/2013 upon the achievement of specified performance criteria.
- [F2]Includes 21,409 shares held jointly by Reporting Person and spouse.
- [F3]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 years and a rate of 35% for each of the third and fourth years. 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.
- [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 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 first anniversary of 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
- Nov 19, 7:00 PM ET
- Accepted
- Nov 20, 4:27 PM ET
- Size
- 17.2 KB