4//SEC Filing
HUDSON VALLEY HOLDING CORP 4
Accession 0001209191-15-030164
CIK 0000722256operating
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 4:06 PM ET
Size
7.8 KB
Accession
0001209191-15-030164
Insider Transaction Report
Form 4
Reinhart Andrew J
1stSenVP, Controller&AsTreasur
Transactions
- Award
Common Stock
2015-03-19+905→ 24,170 total
Holdings
- 5,126
Employee Stock Options (Right-to-Buy)
Exercise: $23.76Exp: 2016-02-07→ Common Stock (5,126 underlying)
Footnotes (6)
- [F1]Restricted Stock vests over 3 years on the anniversary of the grant commencing 03/19/2016, at a rate of 33.3% per year. Accordingly, 302 shares will vest on each of 03/19/2016 and 03/19/2017 and 301 shares will vest on 03/19/2018.
- [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]Includes 905 shares of Restricted Stock which vest over 3 years on the anniversary of the grant commencing 03/19/2016, at a rate of 33.3% for each year (302 shares will vest on each of 03/19/2016 and 03/19/2017 and 301 shares will vest on 03/19/2018).
- [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
- Mar 29, 8:00 PM ET
- Accepted
- Mar 30, 4:06 PM ET
- Size
- 7.8 KB