Angela M. Krezmer - 25 Mar 2024 Form 4 Insider Report for Generations Bancorp NY, Inc. (GBNY)

Role
SVP and CFO
Signature
/s/ Steven T. Lanter, pursuant to power of attoreny
Issuer symbol
GBNY
Transactions as of
25 Mar 2024
Net transactions value
+$14,780
Form type
4
Filing time
27 Mar 2024, 14:54:30 UTC
Previous filing
24 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GBNY Common Stock 12,521 25 Mar 2024 Direct F1
holding GBNY Common Stock 541 25 Mar 2024 By ESOP F4
holding GBNY Common Stock 1,537 25 Mar 2024 By 401(k) F4

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 GBNY Stock Options Award $14,780 14,780 25 Mar 2024 Common Stock 14,780 $10.00 Direct F3
holding GBNY Stock Options 29,551 25 Mar 2024 Common Stock 29,551 $11.60 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 14, 2023.
F2 Stock options that vest at a rate of 20% per year commencing on June 14, 2023.
F3 Stock options that vest at a rate of 20% per year commencing on March 25, 2025.
F4 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.