Robert M. Leonard - Nov 21, 2023 Form 4 Insider Report for TRUSTCO BANK CORP N Y (TRST)

Signature
/S/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY
Stock symbol
TRST
Transactions as of
Nov 21, 2023
Transactions value $
$0
Form type
4
Date filed
11/22/2023, 03:54 PM
Previous filing
Nov 20, 2023
Next filing
Nov 8, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F2 Each restricted stock unit represents a contingent right to receive a payment in cash equal to the fair market value of issued common stock, as determined on the date of vesting of the restricted stock unit.
F3 The restricted stock units vest in three equal annual installments beginning on November 21, 2024. Settlement of the restricted stock units will be made in shares of common stock.
F4 The restricted stock units "vest" in equal installments on each of the first three anniversaries of November 15, 2022, the date of the grant
F5 The restricted stock units "vest" in equal installments on each of the first three anniversaries of November 16, 2021, the date of the grant.
F6 The options, which were granted to the reporting person on November 18, 2014, vested in five equal annual installments beginning on November 18, 2015.
F7 The options, which were granted to the reporting person on November 17, 2015, vested in five equal annual installments beginning on November 17, 2016.