SEC Form 4 · accession 0001127602-16-067400
TOMPKINS FINANCIAL CORP · TMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory J Hartz
Officer — EVP, Pres.&CEO Tompkins Trust
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 3:40 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 Stock | Nov 15, 2016 | M | 1,650 | $41.71 | A | 19,016 | D | |
| Common StockF1 | Nov 15, 2016 | F | 1,202 | $83.04 | D | 17,814 | D | |
| Common Stock | Nov 15, 2016 | M | 893 | $37.00 | A | 18,707 | D | |
| Common StockF1 | Nov 15, 2016 | F | 623 | $83.04 | D | 18,084 | D | |
| Common Stock | Nov 15, 2016 | M | 519 | $40.60 | A | 18,603 | D | |
| Common StockF1,F2 | Nov 15, 2016 | F | 375 | $83.04 | D | 18,228 | D | |
| Common StockF3 | holding | — | — | — | 3,705 | I | by 401(k)/ISOP | |
| Common StockF3 | holding | — | — | — | 2,233 | I | by ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights (SAR)F4 | $41.7091 | Nov 15, 2016 | M | 1,650 | D | — | Sep 17, 2019 | Common Stock | 1,650 | 0 | D |
| Stock Appreciation Rights (SAR)F4 | $37.00 | Nov 15, 2016 | M | 893 | D | — | Aug 19, 2021 | Common Stock | 893 | 1,680 | D |
| Stock Appreciation Rights (SAR)F4 | $40.60 | Nov 15, 2016 | M | 519 | D | — | May 3, 2023 | Common Stock | 519 | 2,017 | D |
Explanation of responses
- F1Deemed disposition of shares to Issuer to satisfy option cost and taxes.
- F2Includes shares acquired through reinvestment of quarterly dividends.
- F3Includes shares acquired through profit sharing or 401K contributions.
- F4Stock Appreciation Rights (SARs) were granted pursuant to the Tompkins Financial Corporation 2009 Equity Plan. SARs have a seven year vesting schedule with 0% vesting in year one, 17% vesting in years two through six, and 15% vesting in year seven. When exercised, the SARs will be settled in Common Stock of the Company. The grant will expire ten years from the date of the grant.