DAVID S. BOYCE - 15 Nov 2022 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, Pres. & CEO Tompkins Ins.
Signature
/s/ David S. Boyce
Issuer symbol
TMP
Transactions as of
15 Nov 2022
Transactions value $
-$19,085
Form type
4
Filing time
17 Nov 2022, 08:50:46 UTC
Previous filing
15 Nov 2022
Next filing
14 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $25,692 +522 +2.2% $49.22 24,534 15 Nov 2022 Direct
transaction TMP Common Stock Tax liability -$34,809 -412 -1.7% $84.49 24,122 15 Nov 2022 Direct F1
transaction TMP Common Stock Options Exercise $40,303 +716 +3% $56.29 24,838 15 Nov 2022 Direct
transaction TMP Common Stock Tax liability -$50,271 -595 -2.4% $84.49 24,243 15 Nov 2022 Direct F1
holding TMP Common Stock 861 15 Nov 2022 by 401(k)/ISOP
holding TMP Common Stock 3,136 15 Nov 2022 by ESOP

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 TMP Stock Appreciation Rights (SAR) Options Exercise $0 -522 -100% $0* 0 15 Nov 2022 Common Stock 522 $49.22 Direct F2
transaction TMP Stock Appreciation Rights (SAR) Options Exercise $0 -716 -100% $0* 0 15 Nov 2022 Common Stock 716 $56.29 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for option cost and taxes.
F2 Stock Appreciation Rights (SARs) were granted pursuant to the Tompkins Financial Corporation 2009 Equity Plan. SARs have a seven year vesting schedule with 0% vesting in year one, 17% vesting in years two through six, and 15% vesting in year seven. When exercised, the SARs will be settled in Common Stock of the Company. The grant will expire ten years from the date of the grant.