SEC Form 4 · accession 0000743367-16-000150
BAR HARBOR BANKSHARES · BHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curtis C Simard
Officer — President and CEO
Period of report
Jul 25, 2016
Accepted (ET)
Jul 27, 2016 · 12:53 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,F2 | Jul 25, 2016 | J | 2 | $0.00 | A | 9,495 | D | |
| Common StockF3 | Jul 25, 2016 | P$0 | 49 | $0.00 | A | 9,545 | D | |
| Common StockF4 | Jul 25, 2016 | M | 741 | $0.00 | A | 10,286 | D | |
| Common StockF5 | Jul 25, 2016 | F | 240 | $0.00 | D | 10,046 | 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)F7,F6 | $0.00 | Jul 25, 2016 | M | 741 | D | Jul 25, 2016 | Jul 25, 2016 | Common Stock | 741 | 742 | 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 C Simard
- F2The amount entered in the total number of shares owned column (box 5) reflects an increase of 40.00 shares to correct an error in previous filing.
- F3These shares were acquired through the executive's participation in a dividend reinvestment plan.
- F4Upon vesting, each restricted stock unit was converted into one share of BHB Common Stock.
- F5These 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.
- F6Each restricted stock unit represents a contingent right to receive one share of BHB Common Stock.
- F7The amount entered in Column 9 represents the number of restricted stock units remaining in the 2014-216 Long Term Incentive Plan for this executive.