Francis M. Fetsko - 16 Nov 2022 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, COO, CFO & Treasurer
Signature
/s/ Francis M. Fetsko
Issuer symbol
TMP
Transactions as of
16 Nov 2022
Net transactions value
-$13,646
Form type
4
Filing time
17 Nov 2022, 14:07:51 UTC
Previous filing
15 Nov 2022
Next filing
07 Feb 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 $25,682 +522 +2.1% $49.20 25,657 16 Nov 2022 Direct
transaction TMP Common Stock Tax liability $34,747 -420 -1.6% $82.73 25,237 16 Nov 2022 Direct F1
transaction TMP Common Stock Options Exercise $18,913 +336 +1.3% $56.29 25,573 16 Nov 2022 Direct
transaction TMP Common Stock Tax liability $23,495 -284 -1.1% $82.73 25,289 16 Nov 2022 Direct F1
holding TMP Common Stock 4,609 16 Nov 2022 by 401K/ISOP
holding TMP Common Stock 5,333 16 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 -522 -100% $0.000000* 0 16 Nov 2022 Common Stock 522 $49.22 Direct F2
transaction TMP Stock Appreciation Rights (SAR) Options Exercise $0 -336 -100% $0.000000* 0 16 Nov 2022 Common Stock 336 $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.