SEC Form 4 · accession 0000706863-16-000084
UNION BANKSHARES INC · UNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Scott Silverman
Officer — President & CEO · Director
Period of report
Dec 31, 2015
Accepted (ET)
Mar 28, 2016 · 5:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000706863
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2015 | A | 800 | $27.91 | A | 5,975 | D | |
| Common StockF1,F2 | Mar 16, 2016 | A | 1,200 | $27.91 | A | 8,175 | D | |
| Common Stock | holding | — | — | — | 884 | I | Wife, Janet Silverman |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option Right to Buy Common Stock | $19.60 | holding | — | — | — | Nov 7, 2013 | Nov 6, 2019 | Common Stock | 1,000 | 1,000 | D |
| Stock Option Right to Buy Common Stock | $22.00 | holding | — | — | — | Dec 18, 2014 | Dec 17, 2020 | Common Stock | 3,000 | 3,000 | D |
| Stock Option Right to Buy Common Stock | $24.00 | holding | — | — | — | Dec 17, 2015 | Dec 16, 2021 | Common Stock | 3,000 | 3,000 | D |
Explanation of responses
- F1Represents a grant of restricted stock units to be settled in shares of common stock, subject to satisfaction of vesting conditions in future periods.
- F2End of period holdings include 1,000 shares acquired on exercise of stock options in January 2016, previously reported on Form 4.