SEC Form 4 · accession 0001174947-18-000897
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 25, 2018
Accepted (ET)
May 29, 2018 · 2:32 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 25, 2018 | A | 360 | $44.30 | A | 360 | D | |
| Common StockF2 | holding | — | — | — | 184 | D | ||
| Common StockF3 | holding | — | — | — | 26,761 | D | ||
| Common StockF3 | holding | — | — | — | 29,602 | I | Owned by spouse | |
| Common StockF4 | holding | — | — | — | 39,150 | I | Family Owned Corp. |
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 25, 2018, subject to three-year cliff vesting.
- F2Award 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.
- F3Includes shares acquired upon reinvestment of dividends pursuant to the Salisbury Bancorp, Inc. Dividend Reinvestment and Stock Purchase Plan.
- F4Shares 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.