POWERS WILLIAM D 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 18, 2019
Insider Transaction Report
Form 4
POWERS WILLIAM D
Director
Transactions
- Exercise/Conversion
RESTRICTED STOCK UNIT
2019-11-15−1,500→ 0 totalExercise: $0.00→ COMMON STOCK (1,500 underlying) - Exercise/Conversion
COMMON STOCK
2019-11-15+1,500→ 23,900 total - Disposition to Issuer
COMMON STOCK
2019-11-15$8.73/sh−1,500$13,095→ 22,400 total
Footnotes (3)
- [F1]Reflects cash settlement of 1,500 restricted stock units that settled only for cash.
- [F2]Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of one share of Issuer Common Stock on the settlement date.
- [F3]The restricted stock units "vested" in whole November 15, 2019 and were settled in cash.