Anthony G. Cutrona - Feb 27, 2023 Form 3 Insider Report for Generations Bancorp NY, Inc. (GBNY)

Signature
/s/ Steven T. Lanter, pursuant to power of attorney
Stock symbol
GBNY
Transactions as of
Feb 27, 2023
Transactions value $
$0
Form type
3
Date filed
2/28/2023, 01:46 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GBNY Common Stock 11.8K Feb 27, 2023 Direct F1
holding GBNY Common Stock 1.08K Feb 27, 2023 By ESOP
holding GBNY Common Stock 4.02K Feb 27, 2023 By 401(k)

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
holding GBNY Stock Options Feb 27, 2023 Common Stock 29.6K $11.60 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which 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.