X0202 4 2006-01-04 0 0000722256 HUDSON VALLEY HOLDING CORP HUVL 0001119672 GRIFFIN WILLIAM E C/O 51 PONDFIELD ROAD BRONXVILLE NY 10708 1 0 1 0 Common Stock 2005-09-08 5 J 0 E 410 0.00 D 13830 D Common Stock 2005-09-14 5 J 0 E 15201 0.00 A 29031 D Common Stock 2005-09-14 5 J 0 E 15201 0.00 D 68262 I By Trusts Common Stock 2005-10-27 5 J 0 E 7583 0.00 A 36614 D Common Stock 2005-10-27 5 J 0 E 7583 0.00 D 60679 I By Trusts Common Stock 2005-12-09 5 J 0 E 537 0.00 A 37151 D Common Stock 2005-12-09 5 J 0 E 537 0.00 D 87756 I By IRA Common Stock 2005-12-09 5 J 0 E 733 0.00 A 37884 D Common Stock 2005-12-09 5 J 0 E 733 0.00 D 20703 I By KEOGH Common Stock 2005-12-09 5 J 0 E 70 0.00 A 37954 D Common Stock 2005-12-09 5 J 0 E 70 0.00 D 2064 I By Money Purchase Plan Common Stock 2005-12-19 5 J 0 E 3795 0.00 A 41749 D Common Stock 2005-12-19 5 J 0 E 8775 0.00 A 96531 I By IRA Common Stock 2005-12-19 5 J 0 E 2070 0.00 A 22773 I By KEOGH Common Stock 2005-12-19 5 J 0 E 206 0.00 A 2270 I By Money Purchase Plan Common Stock 2005-12-19 5 J 0 E 6067 0.00 A 66746 I By Trusts Common Stock 2005-12-19 5 J 0 E 5568 0.00 A 61250 I By Griffin Family Foundation Common Stock 2005-12-19 5 J 0 E 779 0.00 A 8572 I By Spouse Common Stock 2006-01-04 4 M 0 3000 36.50 A 44749 D Employee Stock Options (Right-to-Buy) 36.50 2005-12-19 5 A 0 E 1069 36.50 A 2005-12-19 2015-01-01 Common Stoc 1069 11138 D Employee Stock Options (Right-to-Buy) 36.50 2006-01-04 4 M 0 3000 36.50 D 2005-01-01 2001-01-01 Common Stock 3000 8138 D Gift of stock to trust for grandson Transfer from Trust to direct holding Distribution from IRA - change in beneficial ownership Distribution from KEOGH - change in beneficial ownership Distribution from Money Purchase Plan - change in beneficial ownership Stock dividend of .10 share of common stock for each share held paid on 12/19/2005 (Amount reflects Stock Dividend of .10 share of common stock for each share held paid on 12/19/2005) Allocation of Stock Dividend of .10 of common stock for each option held (Amount reflects Stock Dividend of .10 share of common stock for each option held paid 12/19/2005) /s/ Stephen R. Brown (Stephen R. Brown as Attorney-in-Fact for William E. Griffin) 2006-01-06