SEC Form 4 · accession 0001437749-18-017028
NORTHEAST BANCORP /ME/ · NBN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Wayne
Officer — President & CEO · Director
Period of report
Sep 13, 2018
Accepted (ET)
Sep 14, 2018 · 11:33 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000811831
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Voting Common StockF1 | Sep 13, 2018 | A | 10,000 | $0.00 | A | 66,667 | D | |
| Voting Common StockF2 | holding | — | — | — | 231,522 | I | By Trust | |
| Voting Common StockF3 | holding | — | — | — | 97,202 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a performance restricted stock award granted to the reporting person under the Northeast Bancorp Amended and Restated 2010 Stock Option and Incentive Plan. The restricted shares vested upon approval by the Compensation Committee on September 13, 2018.
- F2These shares are owned directly by the Richard Wayne Revocable Trust.
- F3These shares are owned directly by the Richard Wayne Irrevocable Trust.