4/A//SEC Filing
HUDSON VALLEY HOLDING CORP 4/A
Accession 0001209191-15-059140
CIK 0000722256operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:28 PM ET
Size
11.5 KB
Accession
0001209191-15-059140
Insider Transaction Report
Form 4/AAmended
LANDY JAMES J
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Common Stock
2015-06-30−7,938→ 0 total - Disposition to Issuer
Common Stock
2015-06-30−85,769→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2015-06-30−139,836→ 0 total
Footnotes (6)
- [F1]Includes 1,000 shares of Restricted Stock that vests 100% on February 6, 2016. The vesting of these shares was accelerated on June 30, 2015 in connection with the consummation of the merger of the Issuer with and into Sterling Bancorp.
- [F2]Disposed of pursuant to the Agreement and Plan of Merger between the Issuer and Sterling Bancorp (the "Merger Agreement") in exchange for 268,485 shares of Sterling Bancorp common stock having a market value of $14.714 per share on the effective date of the merger (with such market value calculated as the average of the closing sales price of Sterling Bancorp common stock on the New York Stock Exchange for the five trading days ending on the day preceding the closing date of the merger (the "Market Value of Sterling Common Stock")) and cash of $1.77 in lieu of a fractional share of Sterling Bancorp common stock.
- [F3]Held jointly with spouse.
- [F4]Disposed of pursuant to the Merger Agreement in exchange for 15,240 shares of Sterling Bancorp common stock having a market value of $14.714 per share on the effective date of the merger (with such market value calculated as the Market Value of Sterling Common Stock) and cash of $14.13 in lieu of a fractional share of Sterling Bancorp common stock.
- [F5]Includes 79,269 shares held by spouse of Reporting Person and 6,500 shares held by spouse of Reporting Person as custodian for minor child.
- [F6]Disposed of pursuant to the Merger Agreement in exchange for 164,676 shares of Sterling Bancorp common stock (consisting of 152,196 shares of Sterling Bancorp common stock in exchange for 79,269 shares of Issuer common stock held by spouse of Reporting Person and 12,480 shares of Sterling Bancorp common stock in exchange for 6,500 shares of Issuer common stock held by spouse of Reporting Person as custodian for minor child) having a market value of $14.714 per share on the effective date of the merger (with such market value calculated as the Market Value of Sterling Common Stock) and cash of $7.06 in lieu of a fractional share of Sterling Bancorp common stock paid to spouse of Reporting Person.
Documents
Issuer
HUDSON VALLEY HOLDING CORP
CIK 0000722256
Entity typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000722256
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 6:28 PM ET
- Size
- 11.5 KB