MICHAEL M. OZIMEK - 16 Nov 2021 Form 4 Insider Report for TRUSTCO BANK CORP N Y (TRST)

Role
EXECUTIVE VICE PRESIDENT & CFO
Signature
/S/ MICHAEL M. OZIMEK
Issuer symbol
TRST
Transactions as of
16 Nov 2021
Transactions value $
$0
Form type
4
Filing time
17 Nov 2021, 16:30:39 UTC
Previous filing
07 Sep 2021
Next filing
19 Nov 2021
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 -2.96K -50% $0.00 2.96K 16 Nov 2021 COMMON STOCK 2.96K 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 value of a share of issued common stock.
F2 The restricted stock units "vest" in whole units in equal installments from the first through third year following the award date, beginning November 16, 2022. Settlement of the restricted stock units will be made in cash only.