Stephen S. Romaine - Nov 15, 2022 Form 4 Insider Report for TOMPKINS FINANCIAL CORP (TMP)

Role
President & CEO, Director
Signature
/s/ Stephen S. Romaine
Stock symbol
TMP
Transactions as of
Nov 15, 2022
Transactions value $
-$359,860
Form type
4
Date filed
11/17/2022, 08:40 AM
Previous filing
Nov 15, 2022
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMP Common Stock Options Exercise $255K +6.27K +10.26% $40.60 67.4K Nov 15, 2022 Direct
transaction TMP Common Stock Tax liability -$401K -4.74K -7.04% $84.49 62.6K Nov 15, 2022 Direct F1
transaction TMP Common Stock Options Exercise $371K +7.53K +12.02% $49.22 70.2K Nov 15, 2022 Direct
transaction TMP Common Stock Tax liability -$512K -6.06K -8.63% $84.49 64.1K Nov 15, 2022 Direct F1
transaction TMP Common Stock Options Exercise $272K +4.84K +7.54% $56.29 68.9K Nov 15, 2022 Direct
transaction TMP Common Stock Tax liability -$345K -4.08K -5.92% $84.49 64.8K Nov 15, 2022 Direct F2
holding TMP Common Stock 9.96K Nov 15, 2022 by 401(k)/ISOP
holding TMP Common Stock 5.06K Nov 15, 2022 by ESOP

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 TMP Stock Appreciation Rights (SAR) Options Exercise $0 -6.27K -100% $0.00* 0 Nov 15, 2022 Common Stock 6.27K $40.60 Direct F3
transaction TMP Stock Appreciation Rights (SAR) Options Exercise $0 -7.53K -100% $0.00* 0 Nov 15, 2022 Common Stock 7.53K $49.22 Direct F3
transaction TMP Stock Appreciation Rights (SAR) Options Exercise $0 -4.84K -100% $0.00* 0 Nov 15, 2022 Common Stock 4.84K $56.29 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for option cost and taxes.
F2 Shares withheld for option cost and taxes.
F3 Stock Appreciation Rights (SARs) were granted pursuant to the Tompkins Financial Corporation 2009 Equity Plan. SARs have a seven year vesting schedule with 0% vesting in year one, 17% vesting in years two through six, and 15% vesting in year seven. When exercised, the SARs will be settled in Common Stock of the Company. The grant will expire ten years from the date of the grant.