Francis M. Fetsko - 04 Nov 2021 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, COO, CFO & Treasurer
Signature
/s/ Francis M. Fetsko
Issuer symbol
TMP
Transactions as of
04 Nov 2021
Net transactions value
-$34,684
Form type
4
Filing time
08 Nov 2021, 14:00:28 UTC
Previous filing
28 May 2021
Next filing
12 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 $7,713 -93 -0.41% $82.94 22,373 04 Nov 2021 Direct F1
transaction TMP Common Stock Options Exercise $106,895 +1,899 +8.5% $56.29 24,272 05 Nov 2021 Direct
transaction TMP Common Stock Tax liability $133,865 -1,614 -6.6% $82.94 22,658 05 Nov 2021 Direct

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 -1,899 -85% $0.000000 336 05 Nov 2021 Common Stock 1,899 $56.29 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.