TRUSTCO BANK CORP N Y 4
4 · TRUSTCO BANK CORP N Y · Filed Nov 20, 2013
Insider Transaction Report
Form 4
Parvis Sharon J
VP & ASSISTANT SECRETARY
Transactions
- Award
RESTRICTED STOCK UNIT
2013-11-19+500→ 500 total→ COMMON STOCK (500 underlying) - Award
OPTION: RT-TO-BUY
2013-11-19+3,500→ 3,500 totalExercise: $7.05Exp: 2023-11-19→ COMMON STOCK (3,500 underlying)
Footnotes (3)
- [F1]THE OPTIONS VEST OVER FIVE EQUAL ANNUAL INSTALLMENTS BEGINNING NOVEMBER 19, 2014.
- [F2]EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE A PAYMENT IN CASH EQUAL TO THE VALUE OF A SHARE OF ISSUED COMMON STOCK.
- [F3]THE RESTRICTED STOCK UNITS "VEST" IN WHOLE ON NOVEMBER 19, 2016. SETTLEMENT OF THE RESTRICTED STOCK UNITS WILL BE MADE IN CASH ONLY.