4//SEC Filing
HUDSON VALLEY HOLDING CORP 4
Accession 0001209191-14-013600
CIK 0000722256operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:33 PM ET
Size
10.2 KB
Accession
0001209191-14-013600
Insider Transaction Report
Form 4
MALONEY MICHAEL PATRICK
DirectorEVP of HUVL Operating Sub.
Transactions
- Award
Common Stock
2014-02-20+3,520→ 35,467 total
Holdings
- 2,332
Employee Stock Option (Right to Buy)
Exercise: $23.77Exp: 2016-02-07→ Common Stock (2,332 underlying) - 1,867
Employee Stock Option (Right to Buy)
Exercise: $18.77Exp: 2015-01-01→ Common Stock (1,867 underlying) - 777
Employee Stock Option (Right to Buy)
Exercise: $18.79Exp: 2015-01-01→ Common Stock (777 underlying)
Footnotes (6)
- [F1]Restricted Stock vests over 3 years on the anniversary of the grant commencing February 20, 2015, at a rate of 33.3% per year. Accordingly, 1,174 shares will vest on February 20, 2015 and 1,173 shares will vest on each of February 20, 2016 and February 20, 2017.
- [F2]Includes 1,085 shares of Restricted Stock which vest over 3 years on the anniversary of the grant commencing 03/06/2014, at a rate of 33.3% for each year. Accordingly, 362 shares will vest on each of 03/06/2014 and 03/6/2016 and 361 shares will vest on 03/06/2015.
- [F3]Includes 21,250 shares of Restricted Stock from an original grant of 25,000 shares of Restricted Stock which vest over 4 years on the anniversary of the grant commencing 12/07/2013, 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, 3,750 shares vested on 12/07/2013, 3,750 shares will vest on 12/07/2014 and 8,750 shares will vest on each of 12/07/2015 and 12/7/2016.
- [F4]Includes 3,520 shares of Restricted Stock Award which vest over 3 years on the anniversary of the grant commencing 02/20/2015, at a rate of 33.3% for each year (1,174 shares will vest on 02/20/2015 and 1,173 shares will vest on each of 02/20/2016 and 02/20/2017).
- [F5]Options became exercisable at 20% per year over 5 years, beginning on 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, beginning on 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 typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000722256
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 5:33 PM ET
- Size
- 10.2 KB