Scott L. Gruber - 08 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
08 Nov 2021
Net transactions value
-$4,699
Form type
4
Filing time
10 Nov 2021, 10:28:37 UTC
Previous filing
08 Nov 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 $26,089 -307 -2.2% $84.98 13,484 08 Nov 2021 Direct F1
transaction TMP Common Stock Options Exercise $21,390 +380 +2.8% $56.29 13,864 09 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 -380 -53% $0.000000 336 09 Nov 2021 Common Stock 380 $56.29 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 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.