John M. McKenna - Jun 15, 2021 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, Tompkins Bank of Castile
Signature
/s/ John M. McKenna
Stock symbol
TMP
Transactions as of
Jun 15, 2021
Transactions value $
-$7,920
Form type
4
Date filed
6/17/2021, 05:26 PM
Next filing
Nov 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $15.4K +416 +3.52% $37.00 12.3K Jun 15, 2021 Direct
transaction TMP Common Stock Tax liability -$23.3K -286 -2.33% $81.51 12K Jun 15, 2021 Direct F1
holding TMP Common Stock 1.6K Jun 15, 2021 by 401(K) ESOP
holding TMP Common Stock 114 Jun 15, 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 -416 -100% $0.00* 0 Jun 15, 2021 Common Stock 416 $37.00 Direct F2
* 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 Issuer to satisfy option cost and 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.