4//SEC Filing
HUDSON VALLEY HOLDING CORP 4
Accession 0001209191-14-066984
CIK 0000722256operating
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 4:03 PM ET
Size
11.6 KB
Accession
0001209191-14-066984
Insider Transaction Report
Form 4
Reinhart Andrew J
1stSenVP, Controller&AsTreasur
Transactions
- Exercise/Conversion
Common Stock
2014-11-05$18.78/sh+5,637$105,863→ 30,453 total - Exercise/Conversion
Employee Stock Options (Right-to-Buy)
2014-11-05−5,637→ 0 totalExercise: $18.78Exp: 2015-01-01→ Common Stock (5,637 underlying) - Sale
Common Stock
2014-11-05$24.80/sh−5,637$139,798→ 24,816 total
Holdings
- 5,126
Employee Stock Options (Right-to-Buy)
Exercise: $23.76Exp: 2016-02-07→ Common Stock (5,126 underlying)
Footnotes (6)
- [F1]Includes 2,172 shares of Restricted Stock which vest at 25% per year over 4 years, beginning on the date of the grant (March 6, 2013). Accordingly, 1,086 shares have vested and 543 shares will vest on each of 03/06/2015 and 03/06/2016.
- [F2]Includes 1,980 shares of Restricted Stock which vest at 25% per year over 4 years beginning on the date of the grant (03/14/2012). Accordingly, 1,485 shares have vested and 495 shares will vest on 03/14/2015.
- [F3]Includes 12,750 shares of Restricted Stock from an original grant of 15,000 shares of Restricted Stock which vest 4 years on the anniversary of the grant commencing 12/7/2013, at a rate of 15% for each of the first and second years and a rate of 35% for each of the third and fourth years. Accordingly, 2,250 shares vested on 12/7/2013, 2,250 shares will vest on 12/7/2014 and 5,250 shares will vest on each of 12/7/2015 and 12/7/2016.
- [F4]Includes 1,976 shares of Restricted Stock Award which vest over 3 years on the anniversary of the grant commencing 02/20/2015, at a rate of 33.3% for each year (659 shares will vest on each of 02/20/2015 and 02/20/2016 and 658 shares will vest on 02/20/2017).
- [F5]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the first anniversary of the date of the original grant of 01/01/2005. Accordingly, all options are presently exercisable.
- [F6]Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the first anniversary of the date of the original grant of 02/07/2006. Accordingly, all options are presently exercisable.
Documents
Issuer
HUDSON VALLEY HOLDING CORP
CIK 0000722256
Entity typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000722256
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 4:03 PM ET
- Size
- 11.6 KB