Frank Nicchi - 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, 05:14 PM
Next filing
May 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBNY Common Stock Award $0 +1.11K +55.51% $0.00 3.1K May 19, 2022 Direct F1
holding GBNY Common Stock 6.03K May 19, 2022 By Director Retirement Plan

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.