John M. McKenna - 12 Aug 2024 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
EVP, Pres. Tompkins Comm. Bank
Signature
/s/ John M. McKenna
Issuer symbol
TMP
Transactions as of
12 Aug 2024
Transactions value $
-$9,768
Form type
4
Filing time
13 Aug 2024, 09:10:27 UTC
Previous filing
14 Nov 2023
Next filing
12 Nov 2024
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 $171,039 +3,475 +25% $49.22 17,545 12 Aug 2024 Direct
transaction TMP Common Stock Tax liability -$180,807 -3,291 -19% $54.94 14,254 12 Aug 2024 Direct F1
holding TMP Common Stock 2,065 12 Aug 2024 by 401(K) ESOP
holding TMP Common Stock 125 12 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* 0 12 Aug 2024 Common Stock 3,475 $49.22 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.