Francis M. Fetsko - May 25, 2021 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, COO, CFO & Treasurer
Signature
/s/ Francis M. Fetsko
Stock symbol
TMP
Transactions as of
May 25, 2021
Transactions value $
-$55,959
Form type
4
Date filed
5/27/2021, 04:59 PM
Next filing
May 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $18.6K +459 +1.99% $40.60 23.5K May 25, 2021 Direct
transaction TMP Common Stock Tax liability -$27.9K -342 -1.45% $81.52 23.2K May 25, 2021 Direct F1
transaction TMP Common Stock Options Exercise $145K +2.95K +12.75% $49.22 26.1K May 25, 2021 Direct
transaction TMP Common Stock Tax liability -$192K -2.36K -9.02% $81.52 23.8K May 25, 2021 Direct F1
holding TMP Common Stock 4.45K May 25, 2021 by 401K/ISOP
holding TMP Common Stock 5.2K May 25, 2021 by ESOP

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 -459 -100% $0.00* 0 May 25, 2021 Common Stock 459 $40.60 Direct F2
transaction TMP Stock Appreciation Rights (SAR) Options Exercise $0 -2.95K -84.98% $0.00 522 May 25, 2021 Common Stock 2.95K $49.22 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a deemed disposition of shares to the issuer to satisfy the exercise price of the SARs.
F2 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.