Paul J. Battaglia - Jan 27, 2023 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role: Director
Signature: /s/ Paul J. Battaglia
Stock symbol: TMP
Transactions as of: Jan 27, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/30/2023, 11:46 AM
Previous filing: Mar 3, 2022
Next filing: Jan 31, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TMP	Common Stock	Options Exercise	$0	+1.76K	+50.42%	$0.00	5.26K	Jan 27, 2023	Direct	F1, F2
holding	TMP	Common Stock						4.93K	Jan 27, 2023	by Spouse

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	Phantom Stock	Options Exercise		-1.76K	-20%		7.05K	Jan 27, 2023	Common Stock	1.76K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes change in beneficial ownership of 1763.369 shares from indirect to direct, as a result of distribution pursuant to the Director's Deferred Stock Retainer Agreement.
F2	Each share of phantom stock is the economic equivalent of one share of common stock. Phantom stock represents deferred stock compensation under the Amended and Restated Retainer Plan for Eligible Directors of Tompkins Financial Corporation and its Wholly-Owned Subsidiaries. These shares are held in a rabbi trust pending distribution upon the occurrence of certain events specified in the Plan. The reporting person has no voting or investment power over the shares prior to such distribution.

Content

Includes change in beneficial ownership of 1763.369 shares from indirect to direct, as a result of distribution pursuant to the Director's Deferred Stock Retainer Agreement.

Each share of phantom stock is the economic equivalent of one share of common stock. Phantom stock represents deferred stock compensation under the Amended and Restated Retainer Plan for Eligible Directors of Tompkins Financial Corporation and its Wholly-Owned Subsidiaries. These shares are held in a rabbi trust pending distribution upon the occurrence of certain events specified in the Plan. The reporting person has no voting or investment power over the shares prior to such distribution.