Home/Filings/4/0001209191-15-026447
4//SEC Filing

HUDSON VALLEY HOLDING CORP 4

Accession 0001209191-15-026447

CIK 0000722256operating

Filed

Mar 15, 8:00 PM ET

Accepted

Mar 16, 4:08 PM ET

Size

7.5 KB

Accession

0001209191-15-026447

Insider Transaction Report

Form 4
Period: 2015-03-16
Reinhart Andrew J
1stSenVP, Controller&AsTreasur
Transactions
  • Tax Payment

    Common Stock

    2015-03-16$26.12/sh210$5,48523,265 total
Holdings
  • Employee Stock Options (Right-to-Buy)

    Exercise: $23.76Exp: 2016-02-07Common Stock (5,126 underlying)
    5,126
Footnotes (5)
  • [F1]Includes 1,980 shares of Restricted Stock which vested over 4 years on the anniversary of the grant commencing 03/14/2012, at a rate of 25% for each year (1,485 shares have previously vested and 495 shares vested on 03/14/2015).
  • [F2]Includes 10,500 shares of Restricted Stock from an original grant of 15,000 shares of Restricted Stock which vest over 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.
  • [F3]Includes 2,172 shares of Restricted Stock which vest over 4 years on the anniversary of the grant commencing 03/06/2013, at a rate of 25% per year for each year,(1,629 shares have vested and 543 shares will vest on 03/06/2016).
  • [F4]Includes 1,976 shares of Restricted Stock 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
Mar 15, 8:00 PM ET
Accepted
Mar 16, 4:08 PM ET
Size
7.5 KB