Silverman Frank B 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 18, 2022
Insider Transaction Report
Form 4
Silverman Frank B
Director
Transactions
- Disposition to Issuer
COMMON STOCK
2022-11-16$38.36/sh−593$22,747→ 4,287 total - Exercise/Conversion
COMMON STOCK
2022-11-16+593→ 4,880 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2022-11-16−593→ 0 totalExercise: $0.00→ COMMON STOCK (593 underlying)
Footnotes (3)
- [F1]Reflects cash settlement of 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 united "vested" in whole November 16, 2022 and were settled in cash.