Bassin Arthur J 4
4 · SALISBURY BANCORP, INC. · Filed Aug 14, 2023
Insider Transaction Report
Form 4
Bassin Arthur J
Director
Transactions
- Disposition to Issuer
Common Stock
2023-08-11−27,582→ 0 total(indirect: By Trust) - Award
Common Stock
2023-08-10+1,940→ 7,340 total - Disposition to Issuer
Common Stock
2023-08-11−7,340→ 0 total
Footnotes (3)
- [F1]Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. 800 shares were granted on 5/19/21 and 1,140 shares were granted on 5/18/22, subject to three-year cliff vesting. The shares vested on 8/10/2023, subject to accelerated vesting upon certain change in control events.
- [F2]Each share of Issuer common stock was converted into and became exchangeable for the right to receive 0.7450 shares of NBT Bancorp Inc. ("Buyer") common stock.
- [F3]Shares owned by the Arthur J. Bassin and Susan B. Bassin Revocable Agreement of Trust.