SEC Form 4 · accession 0001209191-16-095179
AUBURN NATIONAL BANCORPORATION, INC · AUBN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward L Spencer Jr.
Director · 10% Owner · Other
Period of report
Feb 2, 2016
Accepted (ET)
Feb 3, 2016 · 12:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000750574
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF4,F5 | Feb 2, 2016 | G | 10,981 | $0.00 | D | 0 | I | 5 year GRAT dated 1-31-11 |
| common stock | holding | — | — | — | 621,767 | D | ||
| common stockF1 | holding | — | — | — | 3,865 | I | E. L. Spencer, Jr. Foundation | |
| common stock | holding | — | — | — | 18,950 | I | spouse | |
| common stockF2,F3 | holding | — | — | — | 65,892 | I | 8 year GRAT dated 12-23-09 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of AUBN common stock are held by the E. L. Spencer, Jr. Foundation, a company in which Mr. Edward L. Spencer, Jr. is President, as to which Mr. Edward L. Spencer, Jr. may be deemed to have shared voting and investment power.
- F2Reflects the distribution of 12,953 shares of AUBN common stock from the trust to Mr. Spencer pursuant to the terms of the trust, which shares are now reflected as directly owned by Mr. Spencer.
- F3Shares of AUBN common stock are held by E. L. Spencer, Jr. Grantor Retained Annuity Trust dated 12-23-09. Mr. Spencer is trustee of the trust and has sole voting and dispositive power with respect to these shares of AUBN common stock.
- F4Reflects the distribution of 9,896 shares of AUBN common stock from the trust to Mr. Spencer pursuant to the terms of the trust, which shares are now reflected as directly owned by Mr. Spencer.
- F5Shares of AUBN common stock are held by the E. L. Spencer, Jr. Grantor Retained Annuity Trust dated 1-31-11. Mr. Spencer is trustee of the trust and has sole voting and dispositive power with respect to these shares of AUBN common stock.