Home > Insider Trading > Filing (0001209191-13-031217)

Filing Details

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	Evp Of Primary Operating Sub	No	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	2013-06-06	7,051	$16.97	140,429	No	4	M	Direct
Common Stock	Disposition	2013-06-06	7,051	$17.63	133,378	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	2013-06-06	7,051	$0.00	7,051	$16.96

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2014-01-01	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)	$18.78		2015-01-01	6,413	6,413	Direct
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
2015-01-01	6,413	6,413	Direct
2016-02-07	5,830	5,830	Direct

Footnotes

Includes 994 shares of the Restricted Stock which will vest over 3 years commencing on 03/06/2014, at a rate of 1/3 for each of the three years. Accordingly, 332 shares will vest on 03/06/2014, and 331 shares will vest on each of 03/06/2015 and 03/06/2016. Vesting of the remaining 1,983 shares is contingent upon the achievement of specified performance criteria.
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 01/01/2004. 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 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.