Earnings Feed
Start Free
Home/Filings/4/0001209191-14-013684
4//SEC Filing

HUDSON VALLEY HOLDING CORP 4

Accession 0001209191-14-013684

CIK 0000722256operating
View on SEC.govCompany Profile

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 7:09 PM ET

Size

13.3 KB

Accession

0001209191-14-013684

Insider Transaction Report

Form 4
Period: 2014-02-20
HUDSON VALLEY HOLDING CORPHVB
PALAIA VINCENT T
EVP of HUVL Operating Sub
Transactions
  • Exercise/Conversion

    Employee Stock Options (Right-to-Buy)

    2015-02-24−1,639→ 4,774 total
    Exercise: $18.78Exp: 2015-01-01→ Common Stock (1,639 underlying)
  • Exercise/Conversion

    Common Stock

    2014-02-24$18.78/sh+1,639$30,780→ 136,197 total
  • Sale

    Common Stock

    2014-02-24$19.01/sh−1,639$31,157→ 134,558 total
  • Award

    Common Stock

    2014-02-20+1,914→ 134,558 total
Holdings

  • Employee Stock Options (Right-to-Buy)

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

  • Common Stock

    (indirect: By Spouse)
    12,604
Footnotes (5)
  • [F1]Restricted Stock vests over 3 years on the anniversary of the grant commencing 02/20/2015, at a rate of 33.3% per year. Accordingly, 638 shares will vest on each of 02/20/2015, 02/20/2016 and 02/20/2017.
  • [F2]Includes 1,983 shares of Restricted Stock that vested on 10/31/2013 upon the achievement of specified performance criteria and 994 shares of Restricted Stock that will vest at a rate of 33.3% per year over 3 years beginning on the anniversary of the date of the grant (which was 03/06/2013). Accordingly, 332 shares will vest on 03/06/2014 and 331 shares will vest on each of 03/06/2015 and 03/06/2016.
  • [F3]Includes 1,914 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 (638 shares will vest on each of 02/20/2015, 02/20/2016 and 02/20/2017).
  • [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 01/01/2005. 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 original grant of 02/07/2006. Accordingly, all options are presently exercisable.

Documents

1 file

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, 7:09 PM ET
Size
13.3 KB
View on SEC.gov