SEC Form 4 · accession 0000750686-15-000031
CAMDEN NATIONAL CORP · CAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy P Nightingale
Officer — EVP
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000750686
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 6, 2015 | A | 771 | $24.87 | A | 16,345 | D | |
| Common StockF2 | Mar 6, 2015 | F | 88 | $37.31 | D | 16,257 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $34.95 | holding | — | — | — | Feb 13, 2011 | Feb 13, 2016 | Common Stock | 1,500 | 1,500 | D |
| Employee Stock Option (right to buy) | $44.51 | holding | — | — | — | Feb 12, 2012 | Feb 12, 2017 | Common Stock | 2,000 | 3,500 | D |
| Employee Stock Option (right to buy) | $24.46 | holding | — | — | — | Feb 24, 2014 | Feb 24, 2019 | Common Stock | 2,500 | 6,000 | D |
Explanation of responses
- F1Shares purchased under the Management Stock Purchase Plan ("MSPP") at a one-third discount of the Company's March 6, 2015 share closing price. These shares will fully vest 2 years from the issuance date.
- F2Consists of shares withheld in order to satisfy the minimum tax withholding obligation on the MSPP shares that vested on March 6, 2015.