SUSAN M. VALENTI - 02 Aug 2024 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, Corporate Marketing
Signature
Susan M. Valenti
Issuer symbol
TMP
Transactions as of
02 Aug 2024
Net transactions value
-$121,228
Form type
4
Filing time
05 Aug 2024, 15:50:38 UTC
Previous 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 $171,040 +3,475 +19% $49.22 21,508 02 Aug 2024 Direct
transaction TMP Common Stock Tax liability $195,930 -3,071 -14% $63.80 18,437 02 Aug 2024 Direct F1
transaction TMP Common Stock Disposed to Issuer $0 -762 -4.1% $0.000000 17,675 02 Aug 2024 Direct F2
transaction TMP Common Stock Tax liability $96,337 -1,637 -9.3% $58.85 16,038 02 Aug 2024 Direct F3
holding TMP Common Stock 1,166 02 Aug 2024 401(K) ESOP
holding TMP Common Stock 1,712 02 Aug 2024 By 401(K)/ISOP

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 -3,475 -100% $0.000000* 0 02 Aug 2024 Common Stock 3,475 $49.22 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

SUSAN M. VALENTI is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Deemed disposition of shares to the Issuer to pay for taxes upon vesting of restricted stock.
F2 Restricted stock shares forfeited due to retirement.
F3 Vested restricted shares withheld for taxes.
F4 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.

Remarks:

Ms. Valenti retired from Tompkins Financial Corporation effective 8/2/2024 and is no longer an insider.