SEC Form 4 · accession 0001104659-17-009940
MERCHANTS BANCSHARES INC · MBVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Tuttle
Director
Period of report
Dec 31, 2015
Accepted (ET)
Feb 16, 2017 · 5:28 pm EST
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 Stock | Dec 31, 2015 | D | 4,639 | $0.00 | D | 81,306 | D | |
| Common Stock | Nov 1, 2016 | M | 500 | $22.07 | A | 81,806 | D | |
| Common Stock | Feb 9, 2017 | M | 11,755 | $22.07 | A | 93,561 | D | |
| Common Stock | Feb 9, 2017 | M | 7,590 | $22.75 | A | 101,151 | D | |
| Common Stock | Feb 9, 2017 | M | 7,175 | $22.93 | A | 108,326 | D | |
| Common Stock | Feb 9, 2017 | F | 19,699 | $51.15 | D | 88,627 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2010 Option Grant | $22.07 | Nov 1, 2016 | M | 500 | D | May 20, 2013 | May 20, 2020 | Common Stock | 500 | 11,755 | D |
| June 2008 Option Grant | $22.93 | Feb 9, 2017 | M | 7,175 | D | Jun 9, 2011 | Jun 9, 2018 | Common Stock | 7,175 | 0 | D |
| May 2009 Option Grant | $22.75 | Feb 9, 2017 | M | 7,590 | D | May 21, 2012 | May 21, 2019 | Common Stock | 7,590 | 0 | D |
| May 2010 Option Grant | $22.07 | Feb 9, 2017 | M | 11,755 | D | May 20, 2013 | May 20, 2020 | Common Stock | 11,755 | 0 | D |