Filing Details
- Accession Number:
- 0001209191-14-013684
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-02-24 19:09:24
- Reporting Period:
- 2014-02-20
- Filing Date:
- 2014-02-24
- Accepted Time:
- 2014-02-24 19:09:24
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
722256 | Hudson Valley Holding Corp | HVB | State Commercial Banks (6022) | 133148745 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1191178 | T Vincent Palaia | C/O 21 Scarsdale Road Yonkers NY 10707 | No | No | No | Yes |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2014-02-20 | 1,914 | $0.00 | 134,558 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2014-02-24 | 1,639 | $18.78 | 136,197 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-02-24 | 1,639 | $19.01 | 134,558 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Options (Right-to-Buy) | Disposition | 2015-02-24 | 1,639 | $0.00 | 1,639 | $18.78 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
4,774 | 2015-01-01 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 12,604 | Indirect | by spouse |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Options (Right-to-Buy) | $23.77 | 2016-02-07 | 5,830 | 5,830 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2016-02-07 | 5,830 | 5,830 | Direct |
Footnotes
- Restricted Stock vests over 3 years on the anniversary of the grant commencing 02/20/2015, at a rate of 33.3% per year. Accordingly, 638 shares will vest on each of 02/20/2015, 02/20/2016 and 02/20/2017.
- Includes 1,983 shares of Restricted Stock that vested on 10/31/2013 upon the achievement of specified performance criteria and 994 shares of Restricted Stock that will vest at a rate of 33.3% per year over 3 years beginning on the anniversary of the date of the grant (which was 03/06/2013). Accordingly, 332 shares will vest on 03/06/2014 and 331 shares will vest on each of 03/06/2015 and 03/06/2016.
- Includes 1,914 shares of Restricted Stock Award which vest over 3 years on the anniversary of the grant commencing 02/20/2015, at a rate of 33.3% for each year (638 shares will vest on each of 02/20/2015, 02/20/2016 and 02/20/2017).
- Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the date of the original grant of 01/01/2005. Accordingly, all options are presently exercisable.
- Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the date of the original grant of 02/07/2006. Accordingly, all options are presently exercisable.