SEC Form 4 · accession 0001140361-15-042379
TRUSTCO BANK CORP N Y · TRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon J Parvis
Officer — VP & Assistant Secretary
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 6:06 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option: RT-TO-BUYF1 | $6.43 | Nov 17, 2015 | A | 2,250 | A | — | Nov 17, 2025 | Common Stock | 2,250 | 2,250 | D |
| Restricted Stock UnitF2,F3 | — | Nov 17, 2015 | A | 850 | A | — | — | Common Stock | 850 | 850 | D |
Explanation of responses
- F1The options vest over five equal annual installments beginning November 17, 2016.
- F2Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of a share of issued common stock.
- F3The restricted stock units "vest" in whole on November 17, 2018. Settlement of the restricted stock units will be made in cash only.