NEW YORK
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0-10592
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14-1630287
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State or Other Jurisdiction of Incorporation or Organization
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Commission File No.
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I.R.S. Employer Identification Number
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☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers
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Item 8.01. |
Other Events
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Item 9.01. |
Financial Statements and Exhibits
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(c) |
Exhibits
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Reg S-K Exhibit No.
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Description
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10(a)
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Form of Performance Share Award Agreement under the TrustCo Bank Corp NY Amended and Restated 2010 Equity Incentive Plan
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10(b)
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Form of Restricted Stock Unit Award Agreement under the TrustCo Bank Corp NY Amended and Restated 2010 Equity Incentive Plan
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10(c)
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Form of Directors Restricted Stock Unit Award Agreement under the TrustCo Bank Corp NY Amended and Restated 2010 Directors Equity Incentive Plan
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99
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Awards to Named Executive Officers and Directors
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Dated: November 20, 2018
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TrustCo Bank Corp NY
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(Registrant)
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By:
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/s/ Michael M. Ozimek
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Michael M. Ozimek
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Senior Vice President and
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Chief Financial Officer
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Reg S-K Exhibit No.
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Description
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Page
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Form of Performance Share Award Agreement under the TrustCo Bank Corp NY Amended and Restated 2010 Equity Incentive Plan
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1-5
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Form of Restricted Stock Unit Award Agreement under the TrustCo Bank Corp NY Amended and Restated 2010 Equity Incentive
Plan
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1-4
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Form of Directors Restricted Stock Unit Award Agreement under the TrustCo Bank Corp NY Amended and Restated 2010 Directors
Equity Incentive Plan
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1-4
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Awards to Named Executive Officers and Directors
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1
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Participant
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[Officer]
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Grant Date
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November 20, 2018
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Number of Performance Shares:
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Threshold:
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Target:
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Maximum:
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Performance Period
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January 1, 2019 to December 31, 2021
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Return on Average Equity
for the Performance Period
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Level
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Percentile Ranking
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Factor
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Maximum
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60
th
percentile or above of the Peer Group
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150%
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Target
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50
th
- 59
th
percentile of the Peer Group
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100%
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Threshold
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40
th
– 49
th
percentile of the Peer Group
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75%
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Below 40
th
percentile of the Peer Group
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0%
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TrustCo Bank Corp NY
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By:
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Robert J. McCormick
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President and CEO
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Name:
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[Officer]
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Date:
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Participant
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[Officer]
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Grant Date
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November 20, 2018
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Number of Restricted Stock Units:
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Period of Restriction (Lapse Date):
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November 20, 2019
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November 20, 2020
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November 20, 2021
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TrustCo Bank Corp NY
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By:
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Robert J. McCormick
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President and CEO
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Name:
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[Officer]
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Date:
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Participant
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[Director]
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Grant Date
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November 20, 2018
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Number of Restricted Stock Units:
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Period of Restriction (Lapse Date):
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November 20, 2019
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November 20, 2020
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November 20, 2021
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TrustCo Bank Corp NY
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By:
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Robert J. McCormick
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President and CEO
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Name:
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[Director]
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Date:
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TRUSTCO BANK COPRP NY
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EXHIBIT 99
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Officer
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Restricted
Unit
Awards
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Performance Unit Awards
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Threshold
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Target
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Max
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R McCormick
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26,110
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29,373
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39,164
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58,746
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R Leonard
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14,360
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16,155
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21,540
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32,310
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S Salvador
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14,360
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16,155
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21,540
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32,310
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M Ozimek
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3,916
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4,406
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5,875
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8,813
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E Schreck
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3,916
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4,406
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5,875
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8,813
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Director
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Restricted
Unit
Awards
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Dennis A. DeGennaro
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2,000
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Brian C. Flynn
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2,000
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Thomas O. Maggs
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2,000
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Anthony J. Marinello, M.D., Ph.D
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2,000
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William D. Powers
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2,000
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Lisa M. Lucarelli
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2,000
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