ROBERT J. MCCORMICK - 06 Nov 2024 Form 4 Insider Report for TRUSTCO BANK CORP N Y (TRST)

Role
CHAIRMAN, PRESIDENT & CEO, Director
Signature
/s/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY
Issuer symbol
TRST
Transactions as of
06 Nov 2024
Net transactions value
-$24,609
Form type
4
Filing time
08 Nov 2024, 17:51:32 UTC
Previous filing
22 Nov 2023
Next filing
19 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRST COMMON STOCK Options Exercise $288,800 +8,000 +2.8% $36.10 289,581 06 Nov 2024 Direct
transaction TRST COMMON STOCK Options Exercise $229,422 +7,136 +2.5% $32.15 296,717 06 Nov 2024 Direct
transaction TRST COMMON STOCK Options Exercise $72,200 +2,000 +0.67% $36.10 298,717 06 Nov 2024 Direct
transaction TRST COMMON STOCK Options Exercise $92,110 +2,865 +0.96% $32.15 301,582 06 Nov 2024 Direct
transaction TRST COMMON STOCK Tax liability $707,142 -18,832 -6.2% $37.55 282,750 06 Nov 2024 Direct
holding TRST COMMON STOCK 89,053 06 Nov 2024 BY FAMILY

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 TRST OPTION TO BUY: RT-TO-BUY Options Exercise $0 +8,000 $0.000000 0 06 Nov 2024 COMMON STOCK 8,000 $36.10 Direct F1
transaction TRST OPTION TO BUY: RT-TO-BUY Options Exercise $0 +7,136 $0.000000 0 06 Nov 2024 COMMON STOCK 7,136 $32.15 Direct F2
transaction TRST OPTION TO BUY: RT-TO-BUY Options Exercise $0 +2,000 $0.000000 0 06 Nov 2024 COMMON STOCK 2,000 $36.10 Direct F1
transaction TRST OPTION TO BUY: RT-TO-BUY Options Exercise $0 +2,865 $0.000000 0 06 Nov 2024 COMMON STOCK 2,865 $32.15 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award vested in equal installments from the first through the fifth year following the award date, and was fully vested on November 18, 2019.
F2 Award vested in equal installments from the first through the fifth year following the award date, and was fully vested on November 17, 2020.

Remarks:

ADDITIONAL SHARES ACQUIRED BY REPORTING PERSON'S PARTICIPATION IN DIVIDEND REINVESTMENT AND/OR EMPLOYEE BENEFIT PLAN WITH DIVIDEND REINVESTMENT FEATURE.