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

Role
EVP, COO, CFO & Treasurer
Signature
/s/ Francis M. Fetsko
Stock symbol
TMP
Transactions as of
Nov 16, 2022
Transactions value $
-$13,646
Form type
4
Date filed
11/17/2022, 02:07 PM
Previous filing
Nov 15, 2022
Next filing
Feb 7, 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 +2.08% $49.20 25.7K Nov 16, 2022 Direct
transaction TMP Common Stock Tax liability -$34.7K -420 -1.64% $82.73 25.2K Nov 16, 2022 Direct F1
transaction TMP Common Stock Options Exercise $18.9K +336 +1.33% $56.29 25.6K Nov 16, 2022 Direct
transaction TMP Common Stock Tax liability -$23.5K -284 -1.11% $82.73 25.3K Nov 16, 2022 Direct F1
holding TMP Common Stock 4.61K Nov 16, 2022 by 401K/ISOP
holding TMP Common Stock 5.33K Nov 16, 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 16, 2022 Common Stock 522 $49.22 Direct F2
transaction TMP Stock Appreciation Rights (SAR) Options Exercise $0 -336 -100% $0.00* 0 Nov 16, 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.