SEC Form 4 · accession 0001174947-16-002717
SALISBURY BANCORP INC · SAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Perotti
Director
Period of report
May 17, 2016
Accepted (ET)
May 18, 2016 · 12:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060219
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 17, 2016 | A | 340 | $29.81 | A | 1,896 | D | |
| Common StockF3 | holding | — | — | — | 9,514 | D | ||
| Common StockF2,F4 | holding | — | — | — | 2,928 | I | Owned by spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In accordance with the 2011 Long Term Incentive Plan of Salisbury Bancorp, Inc. ("The Company"), three hundred forty (340) shares of the Company's common stock were granted to John F. Perotti at $29.81 per share which represents the value of the Company's common stock at closing on the grant date.
- F2Includes shares acquired upon reinvestment of dividends pursuant to the Salisbury Bancorp, Inc. Dividend Reinvestment and Stock Purchase Plan.
- F3JT with spouse.
- F4The reporting person disclaims beneficial ownership of these securities. This report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.