SEC Form 4 · accession 0000743367-17-000069
BAR HARBOR BANKSHARES · BHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Mercier
Officer — Executive Vice President
Period of report
Nov 10, 2017
Accepted (ET)
Nov 13, 2017 · 1:07 pm EST
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 Stock | Nov 10, 2017 | P | 1,000 | $27.88 | A | 1,000 | 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)F1 | — | holding | — | — | — | — | — | Common Stock | 862 | 862 | D |
| Restrited Stock Units (RSU's)F2 | — | holding | — | — | — | — | — | Common Stock | 862 | 862 | D |
| Restrited Stock Units (RSU's)F3 | — | holding | — | — | — | — | — | Common Stock | 538 | 538 | D |
| Restrited Stock Units (RSU's)F4 | — | holding | — | — | — | — | — | Common Stock | 538 | 538 | D |
| Restrited Stock Units (RSU's)F5 | — | holding | — | — | — | — | — | Common Stock | 215 | 215 | D |
| Restrited Stock Units (RSU's)F6 | — | holding | — | — | — | — | — | Common Stock | 215 | 215 | 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 will vest in three annual installments beginning in April 2018. At the time of vesting, sufficient shares may be withheld to cover the executive's tax liabilities. All shares delivered at each vesting are subject to an additional three 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 2020. At the time of vesting, sufficient shares may be withheld to cover the executive's tax liabilities. All shares delivered at the time of vesting are subject to an additional three year holding period.
- F3Represents a grant of time-vested Restricted Stock Units (RSUs) that will be settled in shares of the issuer's common stock on a one-for-one basis. These RSUs will vest in two annual installments beginning in April 2018. At the time of vesting, sufficient shares may be withheld to cover the executive's tax liabilities. All shares delivered at each vesting are subject to an additional three year holding period.
- F4Represents 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 2019. At the time of vesting, sufficient shares may be withheld to cover the executive's tax liabilities. All shares delivered at the time of vesting are subject to an additional three year holding period.
- F5Represents a grant of time-vested Restricted Stock Units (RSUs) that will be settled in shares of the issuer's common stock on a one-for-one basis. These RSUs will vest in April 2018. At the time of vesting, sufficient shares may be withheld to cover the executive's tax liabilities. All shares delivered at each vesting are subject to an additional three year holding period.
- F6Represents 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 will vest in April 2018. At the time of vesting, sufficient shares may be withheld to cover the executive's tax liabilities. All shares delivered at each vesting are subject to an additional three year holding period.