Scott L. Gruber - Nov 21, 2021 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, Pres & CEO, VIST Bank
Signature
/s/ Scott L. Gruber
Stock symbol
TMP
Transactions as of
Nov 21, 2021
Transactions value $
-$20,077
Form type
4
Date filed
11/23/2021, 02:01 PM
Previous filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Tax liability -$12.4K -150 -1.02% $82.89 14.5K Nov 21, 2021 Direct F1
transaction TMP Common Stock Tax liability -$33.3K -399 -2.75% $83.55 14.1K Nov 22, 2021 Direct F2
transaction TMP Common Stock Options Exercise $25.7K +522 +3.69% $49.22 14.7K Nov 22, 2021 Direct
holding TMP Common Stock 1.02K Nov 21, 2021 By 401(K) ESOP
holding TMP Common Stock 4.29K Nov 21, 2021 By 401(k) ISOP

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TMP Stock Appreciation Rights (SAR) Options Exercise $0 -522 -100% $0.00* 0 Nov 22, 2021 Common Stock 522 $49.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deemed disposition of shares to the Issuer to pay for taxes upon vesting of restricted stock.
F2 Shares withheld for option cost and taxes.
F3 Stock Appreciation Rights (SARs) were granted pursuant to the Tompkins Financial Corporation 2009 Equity Plan. SARs have a seven year vesting schedule with 0% vesting in year one, 17% vesting in years two through six, and 15% vesting in year seven. When exercised, the SARs will be settled in Common Stock of the Company. The grant will expire ten years from the date of the grant.