Home/Filings/4/0001209191-14-018278
4//SEC Filing

HUDSON VALLEY HOLDING CORP 4

Accession 0001209191-14-018278

CIK 0000722256operating

Filed

Mar 6, 7:00 PM ET

Accepted

Mar 7, 4:09 PM ET

Size

9.9 KB

Accession

0001209191-14-018278

Insider Transaction Report

Form 4
Period: 2014-03-06
MALONEY MICHAEL PATRICK
DirectorEVP of HUVL Operating Sub.
Transactions
  • Tax Payment

    Common Stock

    2014-03-06$19.53/sh131$2,55835,841 total
Holdings
  • Employee Stock Option (Right to Buy)

    Exercise: $23.77Exp: 2016-02-07Common Stock (2,332 underlying)
    2,332
  • Employee Stock Option (Right to Buy)

    Exercise: $18.79Exp: 2015-01-01Common Stock (777 underlying)
    777
  • Employee Stock Option (Right to Buy)

    Exercise: $18.77Exp: 2015-01-01Common Stock (1,867 underlying)
    1,867
Footnotes (5)
  • [F1]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 have vested and 361 shares will vest on 03/06/2015 and 362 shares will vest on 03/6/2016.
  • [F2]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.
  • [F3]Includes 4,025 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 (1,342 shares will vest on each of 02/20/2015 and 02/20/2016 and 1,341 shares will vest on 02/20/2017).
  • [F4]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.
  • [F5]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.

Issuer

HUDSON VALLEY HOLDING CORP

CIK 0000722256

Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000722256

Filing Metadata

Form type
4
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:09 PM ET
Size
9.9 KB