Paul J. Battaglia - 29 Jan 2024 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
Director
Signature
/s/ Thea A. Miller, attorney-in-fact for Mr. Battaglia
Issuer symbol
TMP
Transactions as of
29 Jan 2024
Net transactions value
$0
Form type
4
Filing time
31 Jan 2024, 17:00:50 UTC
Previous filing
30 Jan 2023
Next filing
15 May 2024
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 $0 +481 +8.8% $0.000000 5,954 29 Jan 2024 Direct F1, F2
transaction TMP Common Stock Options Exercise $0 +1,354 +23% $0.000000 7,308 30 Jan 2024 Direct F1, F2
holding TMP Common Stock 5,131 29 Jan 2024 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 $0 -481 -6.6% $0.000000 6,858 29 Jan 2024 Common Stock 481 Direct F1, F2
transaction TMP Phantom Stock Options Exercise $0 -1,354 -20% $0.000000 5,504 30 Jan 2024 Common Stock 1,354 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Adjustment to reclassify rabbi trust holding.