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

Role
Director
Signature
/s/ Steven T. Lanter, pursuant to power of attorney
Issuer symbol
GBNY
Transactions as of
19 May 2022
Net transactions value
$0
Form type
4
Filing time
23 May 2022, 17:09:22 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBNY Common Stock Award $0 +1,108 +111% $0.000000 2,106 19 May 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 +2,770 $0.000000 2,770 19 May 2022 Common Stock 2,770 $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.