MCCORMICK ROBERT J (President & CEO) exercised options at TRUSTCO BANK CORP N Y
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 11/16/2023ACC: 0000357301-23-000005
Officer· President & CEO
Since Nov 2018
-3.07K
Net shares
Net seller
$87.1K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
3.07K acquired · 6.13K disposed
Non-Derivative Transactions2
COMMON STOCK
Direct
Shares
+3.07K
Price / share
—
Trade value
—
% of position
1.1%
11/15/2023
268.73K→271.79K
COMMON STOCK
Direct
Shares
−3.07K
Price / share
$28.40
Trade value
$87.10K
% of position
1.1%
11/15/2023
271.79K→268.73K
Total
Net shares
+0.00
Net value
-$87.10K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Direct | 11/15/2023 | M · Option Exercise | +3.07K | — | — | 1.1% | 268.73K | 271.79K |
| COMMON STOCK Direct | 11/15/2023 | D · Disposition | −3.07K | $28.40 | $87.10K | 1.1% | 271.79K | 268.73K |
| Total | +0.00 | -$87.10K | ||||||
Derivative Transactions1
RESTRICTED STOCK UNIT
Direct
Converts to
COMMON STOCK
3.07K shares
Shares
−3.07K
Strike price
0
Held after
6.13K
Exercisable
—
11/15/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNIT Direct | COMMON STOCK3.07K shares | 11/15/2023 | M · Option Exercise | −3.07K | 0 | — | 6.13K |
Non-Derivative Holdings (Post-Transaction)1
COMMON STOCK
IndirectShares owned88.97K
Total
88.97K indirect88.97K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| COMMON STOCK | 88.97K | Indirect |
| Total | 88.97K | 88.97K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported