4//SEC Filing
MERCHANTS BANCSHARES INC 4
Accession 0001104659-16-112200
CIK 0000726517operating
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 8:01 PM ET
Size
5.2 KB
Accession
0001104659-16-112200
Insider Transaction Report
Form 4
Bombardier Janette K
Director
Transactions
- Award
Common Stock
2016-04-14$29.52/sh+282$8,325→ 3,762 total
Footnotes (2)
- [F1]Represents shares of common stock underlying phantom stock units granted in accordance with the terms of the Issuer's 2008 Compensation Plan for Non-Employee Directors and Trustees (the "Plan"). Each phantom stock unit represents a contingent right to receive one share of the Issuer's common stock. The shares of phantom stock will become payable in common stock in seven equal annual installments commencing on the Reporting Person's 65th birthday and are subject to partial forfeiture by the Reporting Person, all as more fully described in the Plan.
- [F2]Includes phantom stock units granted to the Reporting Person pursuant to the Plan that have not previously been reported.
Documents
Issuer
MERCHANTS BANCSHARES INC
CIK 0000726517
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000726517
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 8:01 PM ET
- Size
- 5.2 KB