SEC Form 4 · accession 0001140361-16-062836
TRUSTCO BANK CORP N Y · TRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert T Cushing
Officer — Executive Vice President & COO
Period of report
Apr 28, 2016
Accepted (ET)
May 2, 2016 · 5:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000357301
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | Apr 28, 2016 | G | 73,788 | $0.00 | A | 73,788 | D | |
| COMMON STOCK | Apr 28, 2016 | M | 60,000 | $5.14 | A | 133,788 | D | |
| COMMON STOCK | Apr 28, 2016 | M | 26,100 | $5.17 | A | 159,888 | D | |
| COMMON STOCK | Apr 28, 2016 | F | 73,788 | $6.42 | D | 86,100 | D | |
| COMMON STOCKF2 | Apr 28, 2016 | G | 86,100 | $0.00 | D | 0 | D | |
| COMMON STOCK | holding | — | — | — | 529,340 | I | BY SPOUSE |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTIONS: RT-TO-BUYF3 | $5.14 | Apr 28, 2016 | M | 60,000 | A | — | Nov 15, 2021 | COMMON STOCK | 60,000 | 15,000 | D |
| OPTIONS: RT-TO-BUYF3 | $5.17 | Apr 28, 2016 | M | 26,100 | A | — | Nov 20, 2022 | COMMON STOCK | 26,100 | 17,400 | D |
Explanation of responses
- F1Shares were transferred from spouse's account (indirect) to reporter's account (direct).
- F2Shares were transferred from reporter's account (direct) to spouse's account (indirect).
- F3Award vests in equal installments from first through fifth year following the award data.
Remarks
ADDITIONAL SHARES ACQUIRED BY REPORTING PERSON'S PARTICIPATION IN DIVIDEND REINVESTMENT AND/OR EMPLOYEE BENEFIT PLAN WITH DIVIDEND REINVESTMENT FEATURE.