Stephen S. Romaine - 15 Nov 2022 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role: President & CEO, Director
Signature: /s/ Stephen S. Romaine
Issuer symbol: TMP
Transactions as of: 15 Nov 2022
Net transactions value: -$359,860
Form type: 4
Filing time: 17 Nov 2022, 08:40:45 UTC
Previous filing: 15 Nov 2022
Next filing: 02 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TMP	Common Stock	Options Exercise	$254,562	+6,270	+10%	$40.60	67,365	15 Nov 2022	Direct
transaction	TMP	Common Stock	Tax liability	$400,821	-4,744	-7%	$84.49	62,621	15 Nov 2022	Direct	F1
transaction	TMP	Common Stock	Options Exercise	$370,627	+7,530	+12%	$49.22	70,151	15 Nov 2022	Direct
transaction	TMP	Common Stock	Tax liability	$511,756	-6,057	-8.6%	$84.49	64,094	15 Nov 2022	Direct	F1
transaction	TMP	Common Stock	Options Exercise	$272,162	+4,835	+7.5%	$56.29	68,929	15 Nov 2022	Direct
transaction	TMP	Common Stock	Tax liability	$344,635	-4,079	-5.9%	$84.49	64,850	15 Nov 2022	Direct	F2
holding	TMP	Common Stock						9,962	15 Nov 2022	by 401(k)/ISOP
holding	TMP	Common Stock						5,055	15 Nov 2022	by ESOP

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	-6,270	-100%	$0.000000^*	0	15 Nov 2022	Common Stock	6,270	$40.60	Direct	F3
transaction	TMP	Stock Appreciation Rights (SAR)	Options Exercise	$0	-7,530	-100%	$0.000000^*	0	15 Nov 2022	Common Stock	7,530	$49.22	Direct	F3
transaction	TMP	Stock Appreciation Rights (SAR)	Options Exercise	$0	-4,835	-100%	$0.000000^*	0	15 Nov 2022	Common Stock	4,835	$56.29	Direct	F3

* 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	Shares withheld for option cost and taxes.
F3	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.