SEC Form 4 · accession 0001174947-18-000943
SALISBURY BANCORP INC · SAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Gordon
Director
Period of report
Jun 4, 2018
Accepted (ET)
Jun 5, 2018 · 4:00 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 StockF3,F4 | Jun 4, 2018 | S | 1,819 | $44.00 | D | 24,523 | D | |
| Common StockF1 | holding | — | — | — | 360 | D | ||
| Common StockF2 | holding | — | — | — | 184 | D | ||
| Common StockF3 | holding | — | — | — | 4,617 | D | ||
| Common Stock | holding | — | — | — | 675 | I | Owned by spouse | |
| Common StockF3,F5 | holding | — | — | — | 684 | 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 joint with spouse.
- F5Shares held by Zimmer Brothers, Inc. Mr. Gordon is the President of the company and thereby has voting and investment power over such shares.