SEC Form 5 · accession 0001127602-16-038207
TOMPKINS FINANCIAL CORP · TMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael H Spain
Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 28, 2016 · 3:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005817
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 133,513 | D | ||
| Common StockF2 | holding | — | — | — | 42,071 | I | By Christina Bass Spain Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F4 | — | holding | — | — | — | — | — | Common Stock | 5,579 | 5,579 | D |
Explanation of responses
- F1Reflects a change in beneficial ownership of 67,341 shares from indirect to direct as a result of a distribution of shares to the reporting person from the family limited partnership.
- F2Reflects a change in beneficial ownership of 33,671 shares as a result of a distribution of shares to the Christina Bass Spain Trust where the reporting person is the Trustee.
- F3Each share of phantom stock is the economic equivalent of one share of common stock. Phantom stock represents deferred stock compensation under the Amended and Restated Retainer Plan for Eligible Directors of Tompkins Financial Corporation and its Wholly-Owned Subsidiaries. These shares are held in a rabbi trust pending distribution upon the occurrence of certain events specified in the Plan. The reporting person has no voting or investment power over the shares prior to such distribution.
- F4Includes shares acquired through reinvestment of quarterly dividends.