SUMMERVILLE ELIZABETH A 4
4 · SALISBURY BANCORP, INC. · Filed Aug 14, 2023
Insider Transaction Report
Form 4
SUMMERVILLE ELIZABETH A
EVP & Chief Retail Officer
Transactions
- Award
Common Stock
2023-08-10+435→ 11,889 total - Disposition to Issuer
Common Stock
2023-08-11−2,344→ 0 total(indirect: By ESOP) - Tax Payment
Common Stock
2023-08-10$27.45/sh−156$4,282→ 11,733 total - Disposition to Issuer
Common Stock
2023-08-11−11,733→ 0 total
Footnotes (2)
- [F1]Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 1,000 units were granted on 6/23/21, subject to three-year cliff vesting and the satisfaction of certain performance criteria. A pro-rata portion of the shares (435) 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.