SEC Form 4 · accession 0001174947-16-002723
SALISBURY BANCORP INC · SAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Gordon
Director
Period of report
May 17, 2016
Accepted (ET)
May 18, 2016 · 12:55 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 | 4,179 | D | |
| Common StockF2 | holding | — | — | — | 29,591 | D | ||
| Common Stock | holding | — | — | — | 675 | I | Owned by spouse | |
| Common StockF3 | holding | — | — | — | 642 | 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 Michael D. Gordon at $29.81 per share which represents the value of the Company's common stock at closing on the grant date.
- F2Shares held joint with spouse.
- F3Shares held by Zimmer Brothers, Inc. Mr. Gordon is the President of the company and thereby has voting and investment power over such shares.