SEC Form 4 · accession 0000357301-16-000027
TRUSTCO BANK CORP N Y · TRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric W Schreck
Officer — SVP & TREASURER
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 4:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000357301
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITF1,F2 | — | Nov 15, 2016 | A | 2,600 | A | — | — | COMMON STOCK | 2,600 | 2,600 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of a share of issued common stock.
- F2The restricted stock units "vest" in whole on November 15, 2019. Settlement of the restricted stock units will be made in cash only.