Hoffner Paul S 4
4 · SALISBURY BANCORP, INC. · Filed Aug 14, 2023
Insider Transaction Report
Form 4
Hoffner Paul S
Director
Transactions
- Disposition to Issuer
Common Stock
2023-08-11−29,292→ 0 total - Award
Common Stock
2023-08-10+1,140→ 29,292 total
Footnotes (2)
- [F1]Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. 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.