John M. McKenna - Nov 8, 2022 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
Nov 8, 2022
Transactions value $
-$12,967
Form type
4
Date filed
11/9/2022, 12:57 PM
Previous filing
Nov 8, 2022
Next filing
Nov 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $29.4K +723 +5.77% $40.60 13.2K Nov 8, 2022 Direct
transaction TMP Common Stock Tax liability -$42.3K -521 -3.93% $81.23 12.7K Nov 8, 2022 Direct F1
holding TMP Common Stock 1.8K Nov 8, 2022 by 401(K) ESOP
holding TMP Common Stock 118 Nov 8, 2022 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 -723 -100% $0.00* 0 Nov 8, 2022 Common Stock 723 $40.60 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.