SEC Form 4 · accession 0001174947-16-002722
SALISBURY BANCORP INC · SAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George E Banta
Director
Period of report
May 17, 2016
Accepted (ET)
May 18, 2016 · 12:54 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 | May 17, 2016 | A | 340 | $29.81 | A | 25,110 | D | |
| Common Stock | holding | — | — | — | 27,942 | I | Owned by spouse | |
| Common StockF2 | holding | — | — | — | 39,150 | I | Family Owned Corp. |
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 George E. Banta at $29.81 per share which represents the value of the Company's common stock at closing on the grant date. Includes shares acquired upon reinvestment of dividends pursuant to the Salisbury Bancorp, Inc. Dividend Reinvestment and Stock Purchase Plan.
- F2Shares held in Banta Food Co., Inc. Profit Sharing Plan. Mr. Banta is the Chief Executive Officer and thereby has voting and investment power over such shares, but he disclaims beneficial ownership.