STROUT ARTHUR E 4
4 · CAMDEN NATIONAL CORP · Filed Jan 31, 2005
Insider Transaction Report
Form 4
STROUT ARTHUR E
DirectorSecretary
Transactions
- Award
Phantom Stock
2005-01-28$35.78/sh+107$3,828→ 4,095 total→ Common Stock (107 underlying)
Footnotes (3)
- [F1]Conversion rate is 1 for 1.
- [F2]Date Exercisable and Expiration Date - Upon the termination of services as a Director for the Company or its subsidiaries for any reason, including death, disability or retirement, the Company will distribute the entire value of the phantom stock in cash to the participant, taking into account earnings and losses thereon, to the participant (or his/her Beneficiary or Beneficiaries, as applicable).
- [F3]Date Exercisable and Expiration Date - Upon the termination of services as a Director for the Company or its subsidiaries for any reason, including death, disability or retirement, the Company will distribute the entire value of the phantom stock in cash to the participant, taking into account earnings and losses thereon, to the participant (or his/her Beneficiary or Beneficiaries, as applicable).