Home/Filings/4/0001209191-14-018317
4//SEC Filing

HUDSON VALLEY HOLDING CORP 4

Accession 0001209191-14-018317

CIK 0000722256operating

Filed

Mar 6, 7:00 PM ET

Accepted

Mar 7, 4:29 PM ET

Size

9.0 KB

Accession

0001209191-14-018317

Insider Transaction Report

Form 4
Period: 2014-03-06
Reinhart Andrew J
1stSenVP, Controller&AsTreasur
Transactions
  • Tax Payment

    Common Stock

    2014-03-06$19.53/sh230$4,49225,026 total
Holdings
  • Employee Stock Options (Right-to-Buy)

    Exercise: $18.78Exp: 2015-01-01Common Stock (5,637 underlying)
    5,637
  • Employee Stock Options (Right-to-Buy)

    Exercise: $23.76Exp: 2016-02-07Common Stock (5,126 underlying)
    5,126
Footnotes (6)
  • [F1]Includes 2,172 shares of Restricted Stock which vest at 25% per year over 4 years, beginning on the date of the grant (March 6, 2013). Accordingly, 1,086 shares have vested and 543 shares will vest on each of 03/06/2015 and 03/06/2016.
  • [F2]Includes 1,980 shares of Restricted Stock which vest at 25% per year over 4 years beginning on the date of the grant (March 14, 2012). Accordingly, 990 shares have vested and 495 shares will vest on each of March 14, 2014 and March 14, 2015.
  • [F3]Includes 12,750 shares of Restricted Stock from an original grant of 15,000 shares of Restricted Stock which vest 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, 2,250 shares vested on 12/7/2013, 2,250 shares will vest on 12/7/2014 and 5,250 shares will vest on each of 12/7/2015 and 12/7/2016.
  • [F4]Includes 1,976 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 (659 shares will vest on each of 02/20/2015 and 02/20/2016 and 658 shares will vest on 02/20/2017).
  • [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
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:29 PM ET
Size
9.0 KB