CANTELE RICHARD J JR 4
4 · SALISBURY BANCORP, INC. · Filed Mar 31, 2022
Insider Transaction Report
Form 4
CANTELE RICHARD J JR
DirectorPresident and CEO
Transactions
- Award
Common Stock
[F1]2022-03-29+2,250→ 2,250 total - Tax Payment
Common Stock
[F2][F1]2022-03-29$55.37/sh−706$39,091→ 1,544 total
Holdings
- 2,800
Common Stock
[F3] - 2,800
Common Stock
[F4] - 2,500
Common Stock
[F5] - 2,500
Common Stock
[F6] - 16,664
Common Stock
[F7][F8] - 5,029
Common Stock
[F8] - 6(indirect: CUSTODIAN)
Common Stock
[F9] - 1,874(indirect: ESOP)
Common Stock
[F10]
Footnotes (10)
- [F1]Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 1,500 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 2,250 restricted stock units.
- [F10]Shares granted pursuant to the Issuer's 2013 Employee Stock Ownership Plan.
- [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 2/28/22, 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 5/19/21, 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 5/29/20, subject to three-year cliff vesting.
- [F6]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.
- [F7]Joint with spouse
- [F8]Includes shares acquired upon reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan
- [F9]Custodian for daughter.
Signature
/s/ Richard J. Cantele, Jr.|2022-03-31