SEC Form 4 · accession 0001127602-16-068445
TOMPKINS FINANCIAL CORP · TMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis M Fetsko
Officer — EVP, COO, CFO & Treasurer
Period of report
Nov 23, 2016
Accepted (ET)
Nov 28, 2016 · 10:48 am 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 23, 2016 | M | 3,520 | $41.71 | A | 16,576 | D | |
| Common Stock | Nov 23, 2016 | F | 2,358 | $87.17 | D | 14,218 | D | |
| Common Stock | holding | — | — | — | 3,501 | I | by 401K/ISOP | |
| Common Stock | holding | — | — | — | 4,027 | 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)F1 | $41.7091 | Nov 23, 2016 | M | 3,520 | D | — | Sep 17, 2019 | Common Stock | 3,520 | 0 | D |
Explanation of responses
- F1Stock 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.