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 · 2 exercises
Filed: 11/20/2023ACC: 0000357301-23-000043
Officer· President & CEO
Since Nov 2018
-6.52K
Net shares
Net seller
$181.4K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
6.52K acquired · 13.05K disposed
Non-Derivative Transactions4
COMMON STOCK
Direct
Shares
+3.46K
Price / share
—
Trade value
—
% of position
1.3%
11/16/2023
268.73K→272.18K
COMMON STOCK
Direct
Shares
−3.46K
Price / share
$27.82
Trade value
$96.15K
% of position
1.3%
11/16/2023
272.18K→268.73K
COMMON STOCK
Direct
Shares
+3.07K
Price / share
—
Trade value
—
% of position
1.1%
11/17/2023
268.73K→271.79K
COMMON STOCK
Direct
Shares
−3.07K
Price / share
$27.78
Trade value
$85.23K
% of position
1.1%
11/17/2023
271.79K→268.73K
Total
Net shares
+0.00
Net value
-$181.37K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Direct | 11/16/2023 | M · Option Exercise | +3.46K | — | — | 1.3% | 268.73K | 272.18K |
| COMMON STOCK Direct | 11/16/2023 | D · Disposition | −3.46K | $27.82 | $96.15K | 1.3% | 272.18K | 268.73K |
| COMMON STOCK Direct | 11/17/2023 | M · Option Exercise | +3.07K | — | — | 1.1% | 268.73K | 271.79K |
| COMMON STOCK Direct | 11/17/2023 | D · Disposition | −3.07K | $27.78 | $85.23K | 1.1% | 271.79K | 268.73K |
| Total | +0.00 | -$181.37K | ||||||
Derivative Transactions2
RESTRICTED STOCK UNIT
Direct
Converts to
COMMON STOCK
3.46K shares
Shares
−3.46K
Strike price
0
Held after
3.46K
Exercisable
—
11/16/2023
RESTRICTED STOCK UNIT
Direct
Converts to
COMMON STOCK
3.07K shares
Shares
−3.07K
Strike price
0
Held after
0.00
Exercisable
—
11/17/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNIT Direct | COMMON STOCK3.46K shares | 11/16/2023 | M · Option Exercise | −3.46K | 0 | — | 3.46K |
| RESTRICTED STOCK UNIT Direct | COMMON STOCK3.07K shares | 11/17/2023 | M · Option Exercise | −3.07K | 0 | — | 0.00 |
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