SEC Form 4 · accession 0001174947-17-000968
SALISBURY BANCORP INC · SAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Varet
Director
Period of report
May 26, 2017
Accepted (ET)
May 30, 2017 · 5:23 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 26, 2017 | A | 184 | $41.00 | A | 2,630 | D | |
| Common Stock | holding | — | — | — | 78 | D | ||
| Common StockF2 | holding | — | — | — | 600 | D | ||
| Common StockF3 | holding | — | — | — | 27,882 | D | ||
| Common StockF4 | holding | — | — | — | 18,540 | I | Owned by spouse | |
| Common StockF4 | holding | — | — | — | 6,186 | I | Owned by son | |
| Common StockF4,F5 | holding | — | — | — | 6,180 | I | Owned by son | |
| Common StockF4 | holding | — | — | — | 6,180 | I | Owned by daughter |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on May 26, 2017, subject to three-year cliff vesting.
- F2Self - IRA
- F3Self - Trust
- 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 the purposes of Section 16or for any other purposes.
- F5Shares held in limited liability company, more than 99% of which is owned by the reporting persons child and under 1% which is owned by reporting person and his spouse.