SEC Form 4 · accession 0001140361-16-087556
TRUSTCO BANK CORP N Y · TRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony J Marinello M.D. Ph.D.
Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 3:05 pm EST
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 | Nov 21, 2016 | M | 1,500 | $0.00 | A | 78,380 | D | |
| COMMON STOCKF1 | Nov 21, 2016 | D | 1,500 | $8.15 | D | 76,880 | D | |
| COMMON STOCK | holding | — | — | — | 9,716 | I | BY FAMILY |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITF2,F3 | $0.00 | Nov 21, 2016 | M | 1,500 | D | — | — | COMMON STOCK | 1,500 | 0 | D |
Explanation of responses
- F1Reflects cash settlement of 1,500 restricted stock units that settled only for cash.
- F2Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of one share of Issuer Common Stock on the settlement date.
- F3The restricted stock units "vested" in whole November 19, 2016 and were settled in cash.
Remarks
ADDITIONAL SHARES ACQUIRED BY REPORTING PERSON'S PARTICIPATION IN DIVIDEND REINVESTMENT AND/OR EMPLOYEE BENEFIT PLAN WITH DIVIDEND REINVESTMENT FEATURE.