4//SEC Filing
HUDSON VALLEY HOLDING CORP 4
Accession 0001209191-14-022102
CIK 0000722256operating
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 12:01 PM ET
Size
9.2 KB
Accession
0001209191-14-022102
Insider Transaction Report
Form 4
BROWN STEPHEN R
DirectorSenior EVP, CFO & Treasurer
Transactions
- Award
Common Stock
2014-03-14+4,994→ 148,743 total
Holdings
- 6,868
Employee Stock Options (Right-to-Buy)
Exercise: $23.73Exp: 2016-02-07→ Common Stock (6,868 underlying) - 3,777
Employee Stock Options (Right-to-Buy)
Exercise: $18.75Exp: 2015-01-01→ Common Stock (3,777 underlying) - 2,433(indirect: By IRA)
Common Stock
Footnotes (5)
- [F1]Restricted Stock vests over 3 years on the anniversary of the grant commencing 03/14/2015, at a rate of 33.3% per year. Accordingly, 1,665 shares will vest on each of 03/14/2015 and 03/14/2016 and 1,664 shares will vest on 03/14/2017.
- [F2]Includes 11,000 shares of Restricted Stock that is contingent upon the achievement of a specified performance criteria; and 22,000 shares of Restricted Stock that vest over 4 years commencing on 05/10/2013 at a rate of 15% for each of the first and second years and at a rate of 35% for each of the third and fourth years. Accordingly, 3,300 shares vested on 05/10/2013, 3,300 shares will vest on 05/10/2014 and 7,700 shares will vest on each of 05/10/2015 and 05/10/2016.
- [F3]Includes 4,994 shares of Restricted Stock Award which vest over 3 years on the anniversary of the grant commencing 03/14/2015, at a rate of 33.3% for each year (1,665 shares will vest on each of 03/14/2015 and 03/14/2016 and 1,664 shares will vest on 03/14/2017).
- [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.
Documents
Issuer
HUDSON VALLEY HOLDING CORP
CIK 0000722256
Entity typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000722256
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 12:01 PM ET
- Size
- 9.2 KB