Thomas O. Maggs - 21 Nov 2023 Form 4 Insider Report for TRUSTCO BANK CORP N Y (TRST)

Role
Director
Signature
/S/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY
Issuer symbol
TRST
Transactions as of
21 Nov 2023
Transactions value $
$0
Form type
4
Filing time
22 Nov 2023, 15:58:58 UTC
Previous filing
16 Nov 2023
Next filing
21 Nov 2024
SEC
View on sec.gov

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 TRST RESTRICTED STOCK UNIT Award $0 +739 $0.00 739 21 Nov 2023 COMMON STOCK 739 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive a payment in cash equal to the fair market value of a share of issued common stock, as determined on the date of vesting of the restricted stock unit.
F2 The restricted stock units "vest" in whole on November 21, 2024. Settlement of the restricted stock units will be made in cash only.