David S. Boyce - Nov 15, 2022 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, Pres. & CEO Tompkins Ins.
Signature
/s/ David S. Boyce
Stock symbol
TMP
Transactions as of
Nov 15, 2022
Transactions value $
-$19,085
Form type
4
Date filed
11/17/2022, 08:50 AM
Previous filing
Nov 15, 2022
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $25.7K +522 +2.17% $49.22 24.5K Nov 15, 2022 Direct
transaction TMP Common Stock Tax liability -$34.8K -412 -1.68% $84.49 24.1K Nov 15, 2022 Direct F1
transaction TMP Common Stock Options Exercise $40.3K +716 +2.97% $56.29 24.8K Nov 15, 2022 Direct
transaction TMP Common Stock Tax liability -$50.3K -595 -2.4% $84.49 24.2K Nov 15, 2022 Direct F1
holding TMP Common Stock 862 Nov 15, 2022 by 401(k)/ISOP
holding TMP Common Stock 3.14K Nov 15, 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 -522 -100% $0.00* 0 Nov 15, 2022 Common Stock 522 $49.22 Direct F2
transaction TMP Stock Appreciation Rights (SAR) Options Exercise $0 -716 -100% $0.00* 0 Nov 15, 2022 Common Stock 716 $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.