Menzo D. Case - Jun 13, 2023 Form 4 Insider Report for Generations Bancorp NY, Inc. (GBNY)

Role
President and CEO, Director
Signature
/s/ Steven T. Lanter, pursuant to power of attoreny
Stock symbol
GBNY
Transactions as of
Jun 13, 2023
Transactions value $
$29,553
Form type
4
Date filed
6/14/2023, 05:29 PM
Previous filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBNY Common Stock Purchase $29.6K +3.27K +10.48% $9.03 34.5K Jun 13, 2023 By SERP
holding GBNY Common Stock 16.1K Jun 13, 2023 Direct F1
holding GBNY Common Stock 42.5K Jun 13, 2023 By 401(k) F3
holding GBNY Common Stock 8.34K Jun 13, 2023 By ESOP F3
holding GBNY Common Stock 1.55K Jun 13, 2023 By IRA

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
holding GBNY Stock Options 36.9K Jun 13, 2023 Common Stock 36.9K $11.60 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 14, 2023.
F2 Stock options that vest at a rate of 20% per year commencing on June 14, 2023.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.