Paul J. Battaglia - Mar 1, 2022 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
Director
Signature
/s/ Paul J. Battaglia
Stock symbol
TMP
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 02:24 PM
Next filing
Jan 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $0 +1.71K +100% $0.00 3.42K Mar 1, 2022 Direct F1, F2
holding TMP Common Stock 4.78K Mar 1, 2022 by Spouse

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 Phantom Stock Options Exercise -1.71K -16.55% 8.62K Mar 1, 2022 Common Stock 1.71K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes change in beneficial ownership of 1710.251 shares from Indirect to Direct as a result of distribution pursuant to the Directors' Deferred Stock Retainer Agreement
F2 Each share of phantom stock is the economic equivalent of one share of common stock. Phantom stock represents deferred stock compensation under the Amended and Restated Retainer Plan for Eligible Directors of Tompkins Financial Corporation and its Wholly-Owned Subsidiaries. These shares are held in a rabbi trust pending distribution upon the occurrence of certain events specified in the Plan. The reporting person has no voting or investment power over the shares prior to such distribution.