SEC Form 4 · accession 0001127602-18-019022
TOMPKINS FINANCIAL CORP · TMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Boyce
Officer — EVP, Pres. & CEO Tompkins Ins.
Period of report
May 24, 2018
Accepted (ET)
May 29, 2018 · 10:32 am EDT
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 | May 24, 2018 | M | 892 | $37.00 | A | 22,545 | D | |
| Common StockF1 | May 24, 2018 | F | 622 | $85.13 | D | 21,923 | D | |
| Common Stock | May 24, 2018 | M | 1,039 | $40.60 | A | 22,962 | D | |
| Common StockF1 | May 24, 2018 | F | 748 | $85.13 | D | 22,214 | D | |
| Common Stock | May 24, 2018 | M | 1,181 | $49.22 | A | 23,395 | D | |
| Common StockF1 | May 24, 2018 | F | 914 | $85.13 | D | 22,481 | D | |
| Common Stock | holding | — | — | — | 616 | I | by 401(k)/ISOP | |
| Common Stock | holding | — | — | — | 5,158 | 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)F2 | $37.00 | May 24, 2018 | M | 892 | D | — | Aug 19, 2021 | Common Stock | 892 | 788 | D |
| Stock Appreciation Rights (SAR)F2 | $40.60 | May 24, 2018 | M | 1,039 | D | — | May 3, 2023 | Common Stock | 1,039 | 978 | D |
| Stock Appreciation Rights (SAR)F2 | $49.22 | May 24, 2018 | M | 1,181 | D | — | Nov 21, 2024 | Common Stock | 1,181 | 2,294 | D |
Explanation of responses
- F1Shares withheld for option cost and taxes.
- F2Stock 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.