SEC Form 4 · accession 0001140361-17-043670
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 20, 2017
Accepted (ET)
Nov 22, 2017 · 4:15 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 20, 2017 | M | 1,700 | $5.17 | A | 89,582 | D | |
| COMMON STOCK | Nov 20, 2017 | M | 8,800 | $7.05 | A | 98,382 | D | |
| COMMON STOCK | Nov 20, 2017 | M | 4,350 | $7.22 | A | 102,732 | D | |
| COMMON STOCK | Nov 20, 2017 | M | 1,450 | $6.43 | A | 104,182 | D | |
| COMMON STOCK | Nov 20, 2017 | F | 12,193 | $9.15 | D | 91,989 | D | |
| COMMON STOCK | holding | — | — | — | 796 | 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 | $5.17 | Nov 20, 2017 | M | 1,700 | D | — | Nov 20, 2022 | COMMON STOCK | 1,700 | 0 | D |
| OPTION: RT-TO-BUYF2 | $7.05 | Nov 20, 2017 | M | 8,800 | D | — | Nov 19, 2023 | COMMON STOCK | 8,800 | 2,200 | D |
| OPTION: RT-TO-BUYF3 | $7.22 | Nov 20, 2017 | M | 4,350 | D | — | Nov 18, 2024 | COMMON STOCK | 4,350 | 2,900 | D |
| OPTION: RT-TO-BUYF4 | $6.43 | Nov 20, 2017 | M | 1,450 | D | — | Nov 17, 2025 | COMMON STOCK | 1,450 | 4,350 | D |
Explanation of responses
- F1Award vests in equal installments from the first through fifth year following the award date, beginning November 20, 2013.
- F2Award vests in equal installments from the first through fifth year following the award date, beginning November 19, 2014.
- F3Award vests in equal installments from the first through fifth year following the award date, beginning November 18, 2015.
- F4Award vests in equal installments from the first through fifth year following the award date, beginning November 17, 2016.