SEC Form 4 · accession 0000743367-18-000011
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
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 4:34 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 | holding | — | — | — | 4,515 | D | ||
| Common StockF1 | holding | — | — | — | 9,305 | I | By 401(k) Plan |
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)F2 | — | Jan 2, 2018 | A | 1,099 | A | Apr 23, 2019 | Apr 23, 2021 | Common Stock | 1,099 | 1,099 | D |
| Performance Stock Units (PSUs)F3 | — | Jan 2, 2018 | A | 1,099 | A | Apr 23, 2021 | Apr 23, 2021 | Common Stock | 1,099 | 1,099 | D |
Explanation of responses
- F1These shares were previously inadvertently reported as directly held.
- 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 will vest in three equal annual installments beginning in April 2019. 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.
- F3Represents a grant of Performance Stock Units (PSUs) that will be settled in shares of the issuer's common stock on a one-for-one basis. These PSUs vest in April 2021. At the time of vesting, sufficient shares may be withheld to cover tax liabilities. All shares delivered at the time of vesting are subject to an additional three year holding period.