SEC Form 4 · accession 0000743367-15-000061
BAR HARBOR BANKSHARES · BHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curtis C Simard
Officer — President
Period of report
Jul 23, 2015
Accepted (ET)
Jul 24, 2015 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000743367
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 23, 2015 | J | 91 | $0.00 | A | 5,798 | D | |
| Common StockF2 | Jul 23, 2015 | P$0 | 28 | $0.00 | A | 5,826 | D | |
| Common StockF3 | Jul 23, 2015 | M | 742 | $0.00 | A | 6,568 | D | |
| Common StockF4 | Jul 23, 2015 | F | 300 | $0.00 | D | 6,268 | D |
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)F6,F5 | $0.00 | Jul 23, 2015 | M | 742 | D | Jul 22, 2015 | Jul 21, 2014 | Common Stock | 742 | 1,484 | D |
Explanation of responses
- F1These shares were acquired through regularly scheduled salary deferral and dividend reinvestment into the Bar Harbor Bankshares 401(k) Plan f/b/o Curtis Simard.
- F2These shares were acquired through the executive's participation in a dividend reinvestment plan.
- F3Upon vesting, each restricted stock unit was converted into one share of BHB Common Stock.
- F4These shares were withheld to satisfy the executive's tax liability associated with the vesting of restricted stock units. This was not an open market sale of securities.
- F5Each restricted stock unit represents a contingent right to receive one share of BHB Common Stock.
- F6The amount entered in Column 9 represents the number of restricted stock units remaining in the 2014 - 2016 Long Term Incentive Plan (Plan B)for this executive.