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4//SEC Filing

HUDSON VALLEY HOLDING CORP 4

Accession 0001214659-14-008543

CIK 0000722256operating

Filed

Dec 22, 7:00 PM ET

Accepted

Dec 23, 6:49 PM ET

Size

7.3 KB

Accession

0001214659-14-008543

Insider Transaction Report

Form 4
Period: 2014-12-23
BROWN STEPHEN R
DirectorSenior EVP, CFO & Treasurer
Transactions
  • Tax Payment

    Common Stock

    2014-12-23$26.36/sh5,683$149,804145,132 total
Holdings
  • Common Stock

    (indirect: By IRA)
    2,433
  • Employee Stock Options (Right-to-Buy)

    Exercise: $23.73Exp: 2016-02-07Common Stock (6,868 underlying)
    6,868
Footnotes (3)
  • [F1]Includes 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 each of 05/10/2013 and 05/10/2014 and 7,700 shares will vest on each of 05/10/2015 and 05/10/2016.
  • [F2]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).
  • [F3]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
Dec 22, 7:00 PM ET
Accepted
Dec 23, 6:49 PM ET
Size
7.3 KB