X0306 4 2014-12-08 0 0000722256 HUDSON VALLEY HOLDING CORP HVB 0001322722 Reinhart Andrew J C/O 21 SCARSDALE ROAD YONKERS NY 10707 0 1 0 0 1stSVP/Controller/AsstTreasr Common Stock 2014-12-08 4 F 0 832 26.26 D 23984 D Employee Stock Options (Right-to-Buy) 23.76 2016-02-07 Common Stock 5126 5126 D Includes 2,172 shares of Restricted Stock which vest at 25% per year over 4 years, beginning on the date of the grant (March 6, 2013). Accordingly, 1,086 shares have vested and 543 shares will vest on each of 03/06/2015 and 03/06/2016. Includes 1,980 shares of Restricted Stock which vest at 25% per year over 4 years beginning on the date of the grant (03/14/2012). Accordingly, 1,485 shares have vested and 495 shares will vest on 03/14/2015. Includes 10,500 shares of Restricted Stock from an original grant of 15,000 shares of Restricted Stock which vest 4 years on the anniversary of the grant commencing 12/7/2013, at a rate of 15% for each of the first and second years and a rate of 35% for each of the third and fourth years. Accordingly, 2,250 shares vested on each of 12/7/2013 and 12/7/2014, and 5,250 shares will vest on each of 12/7/2015 and 12/7/2016. Includes 1,976 shares of Restricted Stock Award which vest over 3 years on the anniversary of the grant commencing 02/20/2015, at a rate of 33.3% for each year (659 shares will vest on each of 02/20/2015 and 02/20/2016 and 658 shares will vest on 02/20/2017). Options became exercisable at 20% per year over 5 years on the anniversary of the grant, beginning on the first anniversary of the date of the original grant of 02/07/2006. Accordingly, all options are presently exercisable. /s/ Michael J. Indiveri (Michael J. Indiveri as Attorney-in-Fact for Andrew J. Reinhart) 2014-12-09