SEC Form 4 · accession 0001140361-16-087753
TRUSTCO BANK CORP N Y · TRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric W Schreck
Officer — Treasurer
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 3:00 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 STOCK | Nov 21, 2016 | M | 3,000 | $5.14 | A | 86,878 | D | |
| COMMON STOCK | Nov 21, 2016 | M | 1,700 | $5.17 | A | 88,578 | D | |
| COMMON STOCK | Nov 21, 2016 | M | 1,450 | $6.43 | A | 90,028 | D | |
| COMMON STOCK | Nov 21, 2016 | F | 4,115 | $8.15 | D | 85,913 | D | |
| COMMON STOCK | holding | — | — | — | 772 | I | BY WIFE |
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 | $5.14 | Nov 21, 2016 | M | 3,000 | D | — | Nov 15, 2021 | COMMON STOCK | 3,000 | 0 | D |
| OPTION: RT-TO-BUYF2 | $5.17 | Nov 21, 2016 | M | 1,700 | D | — | Nov 20, 2022 | COMMON STOCK | 1,700 | 1,700 | D |
| OPTION: RT-TO-BUYF3 | $6.43 | Nov 21, 2016 | M | 1,450 | D | — | Nov 17, 2025 | COMMON STOCK | 1,450 | 5,800 | D |
Explanation of responses
- F1Award vests in equal installments from the first through fifth year following the award date, beginning November 15, 2012.
- F2Award vests in equal installments from the first through fifth year following the award date, beginning November 20, 2013.
- F3Award vests in equal installments from the first through fifth year following the award date, beginning November 17, 2016.