Home/Filings/4/0001209191-15-016770
4//SEC Filing

HUDSON VALLEY HOLDING CORP 4

Accession 0001209191-15-016770

CIK 0000722256operating

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 4:46 PM ET

Size

7.5 KB

Accession

0001209191-15-016770

Insider Transaction Report

Form 4
Period: 2015-02-20
Reinhart Andrew J
1stSenVP, Controller&AsTreasur
Transactions
  • Tax Payment

    Common Stock

    2015-02-20$25.77/sh279$7,19023,705 total
Holdings
  • Employee Stock Options (Right-to-Buy)

    Exercise: $23.76Exp: 2016-02-07Common Stock (5,126 underlying)
    5,126
Footnotes (5)
  • [F1]Includes 2,172 shares of Restricted Stock which vest at 25% per year over 4 years, beginning on the date of the grant (03/06/2013). 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 10,500 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 each of 12/7/2013 and 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 vested on 02/20/2015, 659 shares will vest on 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 02/07/2006. Accordingly, all options are presently exercisable.

Issuer

HUDSON VALLEY HOLDING CORP

CIK 0000722256

Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000722256

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:46 PM ET
Size
7.5 KB