Gerald Macaluso - May 19, 2022 Form 4 Insider Report for Generations Bancorp NY, Inc. (GBNY)

Role
Director
Signature
/s/ Steven T. Lanter, pursuant to power of attorney
Stock symbol
GBNY
Transactions as of
May 19, 2022
Transactions value $
$0
Form type
4
Date filed
5/23/2022, 05:09 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBNY Common Stock Award $0 +1.11K +111.02% $0.00 2.11K May 19, 2022 Direct F1

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 $0 +2.77K $0.00 2.77K May 19, 2022 Common Stock 2.77K $11.65 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on May 19, 2023.
F2 Stock options vest at a rate of 20% per year commencing on May 19, 2023.