Robert M. Leonard - Nov 16, 2021 Form 4 Insider Report for TRUSTCO BANK CORP N Y (TRST)

Role
EVP & CHIEF RISK OFFICER
Signature
/s/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY
Stock symbol
TRST
Transactions as of
Nov 16, 2021
Transactions value $
$0
Form type
4
Date filed
11/17/2021, 04:27 PM
Previous filing
Aug 9, 2021
Next filing
Nov 19, 2021

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 RESTRICTED STOCK UNIT Award $0 +4.15K $0.00 4.15K Nov 16, 2021 COMMON STOCK 4.15K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of a share of issued common stock.
F2 The restricted stock units "vest" in whole units in equal installments from the first through third year following the award date, beginning November 16, 2022. Settlement of the restricted stock units will be made in cash only.