SUMMERVILLE ELIZABETH A 4
4 · SALISBURY BANCORP, INC. · Filed Mar 31, 2022
Insider Transaction Report
Form 4
SUMMERVILLE ELIZABETH A
EVP & Chief Retail Officer
Transactions
- Award
Common Stock
2022-03-29+600→ 600 total - Tax Payment
Common Stock
2022-03-29$55.37/sh−223$12,348→ 377 total
Holdings
- 400
Common Stock
- 3,839
Common Stock
- 400
Common Stock
- 400
Common Stock
- 1,144(indirect: ESOP)
Common Stock
Footnotes (8)
- [F1]Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 400 units were granted on 3/29/19, subject to three-year cliff vesting and the satisfaction of certain performance criteria. On 3/29/22, the performance criteria for the award was exceeded, resulting in the vesting of 600 restricted stock units.
- [F2]Shares retired to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction in connection with the vesting and settlement of PBRSUs on 3/29/22.
- [F3]Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/19/21, subject to three-year cliff vesting.
- [F4]Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/29/20, subject to three-year cliff vesting.
- [F5]Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/31/19, subject to three-year cliff vesting.
- [F6]Joint with spouse.
- [F7]Includes shares acquired upon reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan.
- [F8]Shares granted pursuant to the Issuer's 2013 Employee Stock Ownership Plan.