Susan M. Valenti - Jan 19, 2023 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, Corporate Marketing
Signature
Susan M. Valenti
Stock symbol
TMP
Transactions as of
Jan 19, 2023
Transactions value $
-$135,907
Form type
4
Date filed
1/19/2023, 01:25 PM
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 $34.6K +851 +5.44% $40.60 16.5K Jan 19, 2023 Direct
transaction TMP Common Stock Tax liability -$170K -2.2K -13.37% $77.34 14.3K Jan 19, 2023 Direct F1
holding TMP Common Stock 996 Jan 19, 2023 401(K) ESOP
holding TMP Common Stock 1.63K Jan 19, 2023 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 -851 -27.86% $0.00 2.2K Jan 19, 2023 Common Stock 851 $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.