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BAR HARBOR BANKSHARES — Director's Dealing 2019
Apr 25, 2019
32806_dirs_2019-04-25_8be13037-6093-494a-9af9-1bb15e4e24a8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BAR HARBOR BANKSHARES (BHB)
CIK: 0000743367
Period of Report: 2019-04-23
Reporting Person: Iannelli Josephine (EVP, CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-23 | Common Stock | M | 652 | — | Acquired | 3487 | Direct |
| 2019-04-23 | Common Stock | M | 550 | — | Acquired | 4037 | Direct |
| 2019-04-23 | Common Stock | M | 722 | — | Acquired | 4759 | Direct |
| 2019-04-23 | Common Stock | M | 1669 | — | Acquired | 6428 | Direct |
| 2019-04-23 | Common Stock | F | 1056 | $26.25 | Disposed | 5372 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-23 | Restricted Stock Units (RSUs) 2016 - 2018 | $0.0 | M | 652 | Disposed | 2019-04-23 | Common Stock (652.0) | Direct |
| 2019-04-23 | Restricted Stock Units (RSUs) 2017 - 2019 | $0.0 | M | 550 | Disposed | 2020-04-23 | Common Stock (550.0) | Direct |
| 2019-04-23 | Restricted Stock Units (RSUs) 2018 - 2020 | $0.0 | M | 722 | Disposed | 2021-04-23 | Common Stock (722.0) | Direct |
| 2019-04-23 | Performance Stock Units (PSUs) | $0.0 | M | 1669 | Disposed | 2019-04-23 | Common Stock (1669.0) | Direct |
Footnotes
F1: Upon vesting, each restricted stock unit was converted into one share of BHB Common Stock.
F2: Upon vesting, each performance stock unit was converted into one share of BHB Common Stock.
F3: These shares were withheld to satisfy the executive's tax liability associated with the vesting of restricted and performance stock units. This was not an open market sale of securities.
F4: Each restricted stock unit represents a contingent right to receive one share of BHB Common Stock.
F5: Represents the number of restricted stock units remaining in the 2017-2019 Long Term Incentive Plan for this executive.
F6: Represents the number of restricted stock units remaining in the 2018-2020 Long Term Incentive Plan for this executive.
F7: Each performance stock unit represents a contingent right to receive one share of BHB Common Stock.