SEC Form 4 · accession 0000743367-15-000026
BAR HARBOR BANKSHARES · BHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marsha C Sawyer
Officer — Senior Vice President
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 4:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000743367
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units ("RSUs")F1 | — | Feb 17, 2015 | A | 484 | A | — | — | Common Stock | 484 | 484 | D |
| Restricted Stock Units ("RSUs")F2 | — | Feb 17, 2015 | A | 484 | A | — | — | Common Stock | 484 | 484 | D |
Explanation of responses
- F1Represents a grant of Restricted Stock Units ("RSUs") that will be settled in shares of the issuer's common stock on a one-for-one basis. These RSUs vest in three equal annual installments beginning February, 2016. At the time of vesting shares of RSUs may be withheld to cover the executive's tax labilities. All shares delivered at each vesting will be subject to an additional one year holding period.
- F2Represents a grant of Restricted Stock Units ("RSUs") that will be settled in shares of the issuer's common stock on a one-for-one basis. These RSUs vest in April, 2018. At the time of vesting sufficient shares of RSUs may be withheld to cover the executive's tax liabilities. All shares delivered at time of vesting are subject to an additional one year holding period.