Home/Filings/4/0001209191-13-015239
4//SEC Filing

MALONEY MICHAEL PATRICK 4

Accession 0001209191-13-015239

CIK 0000722256other

Filed

Mar 7, 7:00 PM ET

Accepted

Mar 8, 2:08 PM ET

Size

9.6 KB

Accession

0001209191-13-015239

Insider Transaction Report

Form 4
Period: 2013-03-06
MALONEY MICHAEL PATRICK
DirectorEVP of HUVL Operating Sub.
Transactions
  • Award

    Common Stock

    2013-03-06+3,25034,135 total
Holdings
  • Employee Stock Option (Right to Buy)

    Exercise: $23.77Exp: 2016-02-07Common Stock (2,332 underlying)
    2,332
  • Employee Stock Option (Right to Buy)

    Exercise: $18.79Exp: 2015-01-01Common Stock (777 underlying)
    777
  • Employee Stock Option (Right to Buy)

    Exercise: $18.77Exp: 2015-01-01Common Stock (1,867 underlying)
    1,867
Footnotes (4)
  • [F1]1,085 shares of the Restricted Stock will vest over 3 years commencing on 03/06/2014, at a rate of 1/3 for each of the three years. Accordingly, 363 shares will vest on 03/06/2014, and 361 shares will vest on each of 03/06/2015 and 03/06/2016. Vesting of the remaining 2,165 shares is contingent upon the achievement of specified performance criteria.
  • [F2]Includes 25,000 shares of Restricted Stock which vests over 4 years on the anniversary of the grant commencing 12/07/2013 at a rate of 15% for each of the first and second year and a rate of 35% for each of the third and fourth year (3,750 shares will vest on each of 12/07/2013 and 12/07/2014 and 8,750 shares will vest on each of 12/07/2015 and 12/7/2016).
  • [F3]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the date of the original grant of 01/01/2005. Accordingly, all options are presently exercisable.
  • [F4]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, 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 typeother

Related Parties

1
  • filerCIK 0001196013

Filing Metadata

Form type
4
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 2:08 PM ET
Size
9.6 KB