Diane D. Torcello - Nov 4, 2024 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP & President, Tompkins WNY
Signature
/s/ Diane D. Torcello
Stock symbol
TMP
Transactions as of
Nov 4, 2024
Transactions value $
-$8,311
Form type
4
Date filed
11/4/2024, 01:40 PM
Previous filing
Nov 14, 2023
Next filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $49.7K +1.01K +18.73% $49.22 6.4K Nov 4, 2024 Direct
transaction TMP Common Stock Tax liability -$58K -895 -13.98% $64.83 5.51K Nov 4, 2024 Direct F1
holding TMP Common Stock 1.69K Nov 4, 2024 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 -1.01K -100% $0.00 0 Nov 4, 2024 Common Stock 1.01K $49.22 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 Issuer to satisfy 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.