Stephen S. Romaine - 01 May 2023 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
President & CEO, Director
Signature
/s/ Stephen S. Romaine
Issuer symbol
TMP
Transactions as of
01 May 2023
Net transactions value
-$71,743
Form type
4
Filing time
02 May 2023, 10:28:55 UTC
Previous filing
17 Nov 2022
Next filing
13 Nov 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 Tax liability $71,743 -1,231 -1.9% $58.28 63,619 01 May 2023 Direct F1
holding TMP Common Stock 10,181 01 May 2023 by 401(k)/ISOP
holding TMP Common Stock 5,169 01 May 2023 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
holding TMP Stock Appreciation Rights (SAR) 1,734 01 May 2023 Common Stock 1,734 $76.90 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deemed disposition of shares to the Issuer to pay for taxes upon vesting of restricted stock.
F2 Stock Appreciation Rights (SARs) were granted pursuant to the Tompkins Financial Corporation 2009 Equity Plan. SARs have a five-year vesting schedule, with 0% vesting in year one and 25% vesting in years two through five. 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.