First Bancorp, Inc /ME/ — Director's Dealing 2005

Nov 17, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST NATIONAL LINCOLN CORP /ME/ (FNLC)
CIK: 0000765207
Period of Report: 2005-11-16

Reporting Person: WARD F STEPHEN (Treasurer, EVP - CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-16	Common Stock	D	12000	$18.16	Disposed	23034	Direct
2005-11-16	Common Stock	M	12000	$2.75	Acquired	35034	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-11-16	Employee Stock Option Right to Buy	$2.75	M	12000	Disposed	2006-01-11	Common Stock (12000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12139.95	Indirect

Footnotes

F1: The options vest as follows: 50% after the second anniversary of the grant date and 50% on the fifth anniversary.

F2: Reporting Exercising of options