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

Role
EVP, Pres & CEO, VIST Bank
Signature
/s/ Scott L. Gruber
Issuer symbol
TMP
Transactions as of
21 Nov 2021
Net transactions value
-$20,077
Form type
4
Filing time
23 Nov 2021, 14:01:31 UTC
Previous filing
15 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Tax liability $12,434 -150 -1% $82.89 14,528 21 Nov 2021 Direct F1
transaction TMP Common Stock Tax liability $33,336 -399 -2.7% $83.55 14,129 22 Nov 2021 Direct F2
transaction TMP Common Stock Options Exercise $25,693 +522 +3.7% $49.22 14,651 22 Nov 2021 Direct
holding TMP Common Stock 1,020 21 Nov 2021 By 401(K) ESOP
holding TMP Common Stock 4,293 21 Nov 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% $0.000000* 0 22 Nov 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.