SALVADOR SCOT R 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 22, 2022
Insider Transaction Report
Form 4
SALVADOR SCOT R
EVP & CHIEF BANKING OFFICER
Transactions
- Disposition to Issuer
COMMON STOCK
2022-11-18$38.63/sh−682$26,346→ 44,848 total - Exercise/Conversion
COMMON STOCK
2022-11-18+682→ 45,530 total - Exercise/Conversion
RESTRICTED STOCK UNIT
2022-11-18−682→ 0 totalExercise: $0.00→ COMMON STOCK (682 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]One third of the restricted stock units awarded November 19, 2019 "vested" on November 19, 2022 and were settled in cash.