SEC Form 4 · accession 0000726517-16-000069
MERCHANTS BANCSHARES INC · MBVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Donald R Chase
Director
Period of report
Dec 4, 2015
Accepted (ET)
Mar 30, 2016 · 7:54 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000726517
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 4, 2015 | A | 29,648 | — | A | 29,648 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1(1) Received in exchange for 122,724 shares of NUVO Bank & Trust Company ("NUVO") common stock in connection with the acquisition of NUVO by Merchants Bancshares, Inc. (the "Merger"). On the effective date of the Merger, the closing price of Merchants Bancshares, Inc.'s common stock was $32.66 per share.