Scott L. Gruber - Nov 8, 2021 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, Pres. & CEO, VIST Bank
Signature
/s/ Scott L. Gruber
Stock symbol
TMP
Transactions as of
Nov 8, 2021
Transactions value $
-$4,699
Form type
4
Date filed
11/10/2021, 10:28 AM
Previous filing
Nov 8, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Tax liability -$26.1K -307 -2.23% $84.98 13.5K Nov 8, 2021 Direct F1
transaction TMP Common Stock Options Exercise $21.4K +380 +2.82% $56.29 13.9K Nov 9, 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 -53.07% $0.00 336 Nov 9, 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.