SUMMERVILLE ELIZABETH A 4
4 · SALISBURY BANCORP, INC. · Filed Mar 24, 2023
Insider Transaction Report
Form 4
SUMMERVILLE ELIZABETH A
EVP & Chief Retail Officer
Transactions
- Award
Common Stock
2023-03-22+783→ 783 total - Tax Payment
Common Stock
2023-03-22$24.35/sh−284$6,915→ 499 total
Holdings
- 2,289(indirect: ESOP)
Common Stock
- 10,955
Common Stock
Footnotes (5)
- [F1]Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 1,000 units (adjusted for the two-for-one stock split effective 6/30/22) were granted on 7/29/20, subject to three-year cliff vesting and the satisfaction of certain performance criteria. On 3/22/23, the performance criteria for the award was determined, resulting in the vesting of 783 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 3/22/23
- [F3]Joint with spouse.
- [F4]Includes shares acquired upon reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan.
- [F5]Shares granted pursuant to the Issuer's 2013 Employee Stock Ownership Plan.