4//SEC Filing
Albero Peter 4
Accession 0001174947-23-001046
CIK 0001060219other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 2:51 PM ET
Size
13.6 KB
Accession
0001174947-23-001046
Insider Transaction Report
Form 4
Albero Peter
EVP, Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2023-08-11−22,805→ 0 total - Tax Payment
Common Stock
2023-08-10$27.45/sh−846$23,223→ 18,115 total - Tax Payment
Common Stock
2023-08-10$27.45/sh−2,010$55,175→ 22,805 total - Award
Common Stock
2023-08-10+2,817→ 18,961 total - Disposition to Issuer
Common Stock
2023-08-11−1,043→ 0 total(indirect: By ESOP) - Award
Common Stock
2023-08-10+6,700→ 24,815 total
Footnotes (3)
- [F1]Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 2,000 units were granted on 6/23/21 and 2,000 units were granted on 2/28/22, subject to three-year cliff vesting and the satisfaction of certain performance criteria. A pro-rata portion of the shares (1,742 and 1,075 respectively) vested at target (100%) on 8/10/2023, subject to accelerated vesting upon certain change in control events.
- [F2]Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. 3,200 shares were granted on 5/19/21 and 3,500 shares were granted on 2/28/22, subject to three-year cliff vesting. The shares vested on 8/10/2023, subject to accelerated vesting upon certain change in control events.
- [F3]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.
Documents
Issuer
SALISBURY BANCORP, INC.
CIK 0001060219
Entity typeother
Related Parties
1- filerCIK 0001719759
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 2:51 PM ET
- Size
- 13.6 KB