SALISBURY BANCORP INC 4
4 · SALISBURY BANCORP INC · Filed May 18, 2016
Insider Transaction Report
Form 4
RUSSO RUDOLPH P
Director
Transactions
- Award
Common Stock
2016-05-17$29.81/sh+340$10,135→ 121,235 total
Holdings
- 31,050(indirect: By Trust)
Common Stock
- 16,200(indirect: Family Owned Corp.)
Common Stock
Footnotes (3)
- [F1]In accordance with the 2011 Long Term Incentive Plan of Salisbury Bancorp, Inc. ("The Company"), three hundred forty (340) shares of the Company's common stock were granted to Rudolph P. Russo at $29.81 per share which represents the value of the Company's common stock at closing on the grant date.
- [F2]Mr. Russo is the Trustee for the Carmela T. Russo Revocable Trust and thereby has voting and investment power over such shares, but he disclaims beneficial ownership.
- [F3]Mr. Russo owns 25% interest in Heritage Holding Corp., a family-owned corporation. He has voting and investment power over such shares, but he disclaims beneficial ownership of 12,150 shares.