August P. Sinicropi - 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, 17:12:22 UTC
Next filing
25 May 2022
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 $0.000000 1,108 19 May 2022 Direct F1
holding GBNY Common Stock 3,350 19 May 2022 By Director Retirement Plan
holding GBNY Common Stock 14,219 19 May 2022 By IRA

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.