Menzo D. Case - 14 Jun 2022 Form 4 Insider Report for Generations Bancorp NY, Inc. (GBNY)

Role
President and CEO, Director
Signature
/s/ Steven T. Lanter, pursuant to power of attorney
Issuer symbol
GBNY
Transactions as of
14 Jun 2022
Net transactions value
$0
Form type
4
Filing time
16 Jun 2022, 12:05:56 UTC
Previous filing
25 May 2022
Next filing
14 Jun 2023
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 +14,775 +1209% $0.000000 15,997 14 Jun 2022 Direct F1
holding GBNY Common Stock 39,028 14 Jun 2022 By 401(k) F3
holding GBNY Common Stock 31,224 14 Jun 2022 By SERP
holding GBNY Common Stock 7,577 14 Jun 2022 By ESOP F3
holding GBNY Common Stock 1,546 14 Jun 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 +36,939 $0.000000 36,939 14 Jun 2022 Common Stock 36,939 $11.60 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 that vest at a rate of 20% per year commencing on June 14, 2023.
F2 Stock options that vest at a rate of 20% per year commencing on June 14, 2023.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.