4//SEC Filing
CANTELE RICHARD J JR 4
Accession 0001174947-23-001050
CIK 0001060219other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 2:53 PM ET
Size
13.5 KB
Accession
0001174947-23-001050
Insider Transaction Report
Form 4
CANTELE RICHARD J JR
DirectorPresident & CEO
Transactions
- Award
Common Stock
2023-08-10+11,200→ 74,116 total - Disposition to Issuer
Common Stock
2023-08-11−4,065→ 0 total(indirect: By ESOP) - Tax Payment
Common Stock
2023-08-10$27.45/sh−1,268$34,807→ 62,916 total - Award
Common Stock
2023-08-10+4,226→ 64,184 total - Disposition to Issuer
Common Stock
2023-08-11−70,756→ 0 total - Tax Payment
Common Stock
2023-08-10$27.45/sh−3,360$92,232→ 70,756 total
Footnotes (3)
- [F1]Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 3,000 units were granted on 6/23/21 and 3,000 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 (2,613 and 1,613 respectively) vested 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. 5,600 shares were granted on 5/19/21 and 5,600 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 0001212376
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 2:53 PM ET
- Size
- 13.5 KB