SEC Form 4 · accession 0001140361-17-009362
TRUSTCO BANK CORP N Y · TRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J McCormick
Officer — President & CEO
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 3:36 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 | Feb 23, 2017 | M | 150,000 | $5.14 | A | 958,401 | D | |
| COMMON STOCK | Feb 23, 2017 | M | 69,600 | $5.17 | A | 1,028,001 | D | |
| COMMON STOCK | Feb 23, 2017 | F | 165,298 | $8.55 | D | 862,703 | D | |
| COMMON STOCK | holding | — | — | — | 442,002 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTION: RT-TO-BUYF1 | $5.14 | Feb 23, 2017 | M | 150,000 | D | — | Nov 15, 2021 | COMMON STOCK | 150,000 | 0 | D |
| OPTION: RT-TO-BUYF1 | $5.17 | Feb 23, 2017 | M | 69,600 | D | — | Nov 20, 2022 | COMMON STOCK | 69,600 | 17,400 | D |
Explanation of responses
- F1Award 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.