Stephen S. Romaine - May 26, 2021 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
President & CEO, Director
Signature
/s/ Stephen S. Romaine
Stock symbol
TMP
Transactions as of
May 26, 2021
Transactions value $
-$213,438
Form type
4
Date filed
5/28/2021, 12:52 PM
Next filing
Jun 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $389K +10.5K +18.37% $37.00 67.7K May 26, 2021 Direct
transaction TMP Common Stock Tax liability -$602K -7.67K -11.33% $78.50 60K May 26, 2021 Direct F1
holding TMP Common Stock 9.55K May 26, 2021 by 401(k)/ISOP
holding TMP Common Stock 4.62K May 26, 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 -10.5K -100% $0.00* 0 May 26, 2021 Common Stock 10.5K $37.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for taxes.
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.