X0306 4 2015-02-06 0 0000722256 HUDSON VALLEY HOLDING CORP HVB 0001428701 Ifshin Adam W C/O 21 SCARSDALE ROAD YONKERS NY 10707 1 0 0 0 Common Stock 2014-02-14 5 J 0 E 184.3208 17.83 A 55958.3342 D Common Stock 2014-05-16 5 J 0 E 189.9482 17.36 A 56148.2824 D Common Stock 2014-08-15 5 J 0 E 250.5315 17.16 A 56398.8139 D Common Stock 2014-11-14 5 J 0 E 170.0656 26.06 A 56568.8795 D Common Stock 2015-02-06 4 A 0 1000 0.00 A 57568.8795 D Common Stock 484 I By Spouse Allocation of shares pursuant to a Company-sponsored dividend reinvestment plan. Includes 1,000 shares of Restricted Stock which vest 100% on the first anniversary of the grant (1,000 shares vested on 02/06/2015). Restricted Stock vests 100% on February 6, 2016, which is the first anniversary of the grant. Includes 1,000 shares of Restricted Stock which vest 100% on the first anniversary of the grant (1,000 shares will vest on 02/06/2016) and 1,000 shares of Restricted Stock which vested 100% on 02/06/2015. /s/ Michael J. Indiveri (Michael J. Indiveri as Attorney-in-Fact for Adam W. Ifshin) 2015-02-09