SEC Form 4 · accession 0001140361-17-004890
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
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 4:24 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 | Feb 3, 2017 | G | 130,000 | $0.00 | A | 130,000 | D | |
| COMMON STOCK | Feb 3, 2017 | M | 15,000 | $5.14 | A | 145,000 | D | |
| COMMON STOCK | Feb 3, 2017 | M | 8,700 | $5.17 | A | 153,700 | D | |
| COMMON STOCK | Feb 3, 2017 | M | 24,000 | $7.05 | A | 177,700 | D | |
| COMMON STOCK | Feb 3, 2017 | M | 11,200 | $7.22 | A | 188,900 | D | |
| COMMON STOCK | Feb 3, 2017 | F | 48,054 | $8.35 | D | 140,846 | D | |
| COMMON STOCKF2 | Feb 3, 2017 | G | 140,846 | $0.00 | D | 0 | D | |
| COMMON STOCK | holding | — | — | — | 540,186 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTION: RT-TO-BUYF3 | $5.14 | Feb 3, 2017 | M | 15,000 | D | — | Nov 15, 2021 | COMMON STOCK | 15,000 | 0 | D |
| OPTION: RT-TO-BUYF3 | $5.17 | Feb 3, 2017 | M | 8,700 | D | — | Nov 20, 2022 | COMMON STOCK | 8,700 | 8,700 | D |
| OPTION: RT-TO-BUYF3 | $7.05 | Feb 3, 2017 | M | 24,000 | D | — | Nov 19, 2023 | COMMON STOCK | 24,000 | 16,000 | D |
| OPTION: RT-TO-BUYF3 | $7.22 | Feb 3, 2017 | M | 11,200 | D | — | Nov 18, 2024 | COMMON STOCK | 11,200 | 16,800 | 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 award date.
Remarks
ADDITIONAL SHARES ACQUIRED BY REPORTING PERSON'S PARTICIPATION IN DIVIDEND REINVESTMENT AND/OR EMPLOYEE BENEFIT PLAN WITH DIVIDEND REINVESTMENT FEATURE.