SEC Form 4 · accession 0000743367-16-000145
BAR HARBOR BANKSHARES · BHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory W Dalton
Officer — Executive Vice President
Period of report
Jul 25, 2016
Accepted (ET)
Jul 26, 2016 · 1:57 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 25, 2016 | P$0 | 103 | $0.00 | A | 7,586 | D | |
| Common StockF2 | Jul 25, 2016 | M | 284 | $0.00 | A | 7,870 | D | |
| Common StockF3 | Jul 25, 2016 | F | 92 | $0.00 | D | 7,778 | 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)F5,F4 | — | Jul 25, 2016 | M | 284 | D | Jul 25, 2016 | Jul 25, 2016 | Common Stock | 284 | 285 | 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 Gregory W Dalton
- F2Upon vesting, each restricted stock unit was converted into one share of BHB Common Stock.
- F3These 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.
- F4Each restricted stock unit represents a contingent right to receive one share of BHB Common Stock.
- F5The amount entered in column 9 represents the number of restricted stock remaining in the 2014-2016 Long Term Incentive Plan for this executive.