SEC Form 4 · accession 0000743367-16-000125
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
Apr 25, 2016
Accepted (ET)
Apr 26, 2016 · 9:37 am 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 | Apr 25, 2016 | P$0 | 20 | $0.00 | A | 6,339 | D | |
| Common StockF2 | Apr 25, 2016 | J | 88 | $0.00 | A | 6,427 | D | |
| Common StockF3 | Apr 25, 2016 | M | 685 | $0.00 | A | 7,112 | D | |
| Common StockF3 | Apr 25, 2016 | M | 5,870 | $0.00 | A | 12,982 | D | |
| Common StockF4 | Apr 25, 2016 | F | 3,529 | $0.00 | D | 9,453 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restrited Stock Units (RSU's)F5,F6 | $0.00 | Apr 25, 2016 | M | 685 | D | Apr 22, 2016 | Apr 22, 2016 | Common Stock | 685 | 1,368 | D |
| Restricted Stock Units (RSUs)F6 | $0.00 | Apr 25, 2016 | M | 5,870 | D | Apr 22, 2016 | Apr 22, 2016 | Common Stock | 5,870 | 0 | D |
Explanation of responses
- F1These shares were acquired through the executive's participation in a dividend reinvestment plan.
- F2These shares were acquired through regularly scheduled salary deferral and dividend reinvestment in the Bar Harbor Bankshares 401(k)Plan f/b/o Curtis C. Simard
- 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.
- F5The amount entered in Column 9 represents the number of restricted stock units remaining in the 2015 - 2017 Long Term Incentive Plan (Plan C)for this executive.
- F6Each restricted stock unit represents a contingent right to receive one share of BHB Common Stock.