SEC Form 4 · accession 0001140361-17-040810
TRUSTCO BANK CORP N Y · TRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael M Ozimek
Officer — CFO & Senior Vice President
Period of report
Oct 31, 2017
Accepted (ET)
Nov 2, 2017 · 5:29 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 STOCK | Oct 31, 2017 | M | 7,500 | $8.29 | A | 19,070 | D | |
| COMMON STOCK | Oct 31, 2017 | M | 2,000 | $5.14 | A | 21,070 | D | |
| COMMON STOCK | Oct 31, 2017 | M | 1,600 | $5.17 | A | 22,670 | D | |
| COMMON STOCK | Oct 31, 2017 | F | 8,794 | $9.18 | D | 13,876 | D |
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 | $8.29 | Oct 31, 2017 | M | 7,500 | D | — | Jun 2, 2018 | COMMON STOCK | 7,500 | 0 | D |
| OPTION: RT-TO-BUYF2 | $5.14 | Oct 31, 2017 | M | 2,000 | D | — | Nov 15, 2021 | COMMON STOCK | 2,000 | 0 | D |
| OPTION: RT-TO-BUYF3 | $5.17 | Oct 31, 2017 | M | 1,600 | D | — | Nov 20, 2022 | COMMON STOCK | 1,600 | 1,200 | D |
Explanation of responses
- F1Award vests in equal installments from the first through fifth year following the award date, beginning June 2, 2009
- F2Award vests in equal installments from the first through fifth year following the award date, beginning November 15,2012.
- F3Award vests in equal installments from the first through fifth year following the award date, beginning November 20,2013.
Remarks
ADDITIONAL SHARES ACQUIRED BY REPORTING PERSON'S PARTICIPATION IN DIVIDEND REINVESTMENT AND/OR EMPLOYEE BENEFIT PLAN WITH DIVIDEND REINVESTMENT FEATURE.