SEC Form 4 · accession 0000750686-17-000048
CAMDEN NATIONAL CORP · CAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah A Jordan
Officer — EVP, COO & CFO
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 1:35 pm EST
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 | Feb 28, 2017 | P | 600 | $28.31 | A | 43,780 | D | |
| Common StockF2 | Feb 28, 2017 | A | 3,837 | $0.00 | A | 47,617 | D | |
| Common StockF3 | Feb 28, 2017 | F | 1,297 | $42.46 | D | 46,320 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares purchased under the Management Stock Purchase Plan ("MSPP") at a one-third discount of the Company's February 28, 2017 share closing price. These shares will fully vest 2 years from the issuance date.
- F2Shares issued under the 2014-2016 Long-Term Performance Share Plan ("LTIP").
- F3Consists of shares withheld by Camden National Corporation in order to satisfy the minimum tax withholding obligation on the LTIP shares vested on 02/28/17.