Filing Details

Accession Number:
0001209191-14-076149
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-12-17 09:15:48
Reporting Period:
2014-12-15
Filing Date:
2014-12-17
Accepted Time:
2014-12-17 09:15:48
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
1191181 J James Landy C/O 21 Scarsdale Road
Yonkers NY 10707
Executive Chairman Yes Yes No No
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 2014-12-15 17,710 $23.71 151,928 No 4 M Direct
Common Stock Disposition 2014-12-15 17,436 $25.66 134,492 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2014-12-15 17,710 $0.00 17,710 $23.71
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-02-07 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,938 Direct
Common Stock 85,769 Indirect by Spouse
Footnotes
  1. Includes 1,745 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 (582 shares will vest on each of 02/20/2015 and 02/20/2016 and 581 shares will vest on 02/20/2017).
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.42 to $25.89, inclusive. The Reporting Person undertakes to provide to Hudson Valley Holding Corp., any security holder of Hudson Valley Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. Held jointly with spouse.
  4. Includes 79,269 shares held by spouse of Reporting Person and 6,500 shares held by spouse of Reporting Person as custodian for minor child.
  5. 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.