4/A//SEC Filing
AUBURN NATIONAL BANCORPORATION, INC 4/A
Accession 0001209191-16-113530
$AUBNCIK 0000750574operating
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 5:40 PM ET
Size
15.9 KB
Accession
0001209191-16-113530
Insider Transaction Report
Form 4/AAmended
SPENCER EDWARD L JR
Director10% Owner
Transactions
- Gift
common stock
2015-12-02−425→ 621,767 total - Gift
common stock
2015-05-14+13,764→ 13,764 total(indirect: By Trust) - Gift
common stock
2016-02-03−10,981→ 0 total(indirect: By Trust) - Gift
common stock
2016-02-03+10,981→ 24,745 total(indirect: By Trust) - Gift
common stock
2015-05-14−13,764→ 0 total(indirect: By Trust)
Holdings
- 65,892(indirect: By Trust)
common stock
- 18,950(indirect: By Spouse)
common stock
Footnotes (5)
- [F1]On December 2, 2015, the reporting person donated 425 shares of AUBN common stock to the E.L. Spencer, Jr. Foundation, a tax-exempt foundation of which the reporting person has no pecuniary interest. The reporting person previously reported the holdings of the foundation as indirect holdings. Also includes 27,716 shares distributed on May 14, 2015 from a 2009 five-year grantor retained annuity trust, 10,930 shares distributed on May 14, 2015 from a 2009 eight-year grantor retained annuity trust, 12,953 shares distributed on February 3, 2016 from a 2009 eight-year grantor retained annuity trust, 8,542 shares distributed on May 14, 2015 from a 2011 five-year grantor retained annuity trust, and 9,896 shares distributed on February 3, 2016 from a 2011 five-year grantor retained annuity trust, in each case pursuant to the terms of the respective trust. See notes (2), (4), and (5).
- [F2]On December 23, 2009, the reporting person contributed 115,600 shares of AUBN common stock to a five-year grantor retained annuity trust for his benefit. Upon termination of the trust on May 14, 2015, 13,764 of the shares were transferred to a 2008 revocable trust for his benefit. These shares originally were reported as dispositions due to administrative error. The remaining 101,836 shares were previously distributed to the reporting person pursuant to the terms of the five-year grantor retained annuity trust and are reported in this Form 4 as directly owned.
- [F3]Shares held by a 2008 revocable trust established for the benefit of the reporting person. The reporting person is the trustee of the trust and has sole voting and dispositive power with respect to these shares.
- [F4]On January 31, 2011, the reporting person contributed 47,687 shares of AUBN common stock to a five-year grantor retained annuity trust for his benefit. Upon termination of the trust on February 3, 2016, 10,981 shares were transferred to a 2008 revocable trust for his benefit. These shares originally were reported as dispositions due to administrative error. The remaining 36,706 shares were previously distributed to the reporting person pursuant to the terms of the five-year grantor retained annuity trust and are reported in this Form 4 as directly owned.
- [F5]On December 23, 2009, the reporting person contributed 115,600 shares of AUBN common stock to an eight-year grantor retained annuity trust for his benefit. Pursuant to the terms of the trust, 49,708 shares were previously distributed to the reporting person and are reported in this Form 4 as directly owned. The reporting person is trustee of the trust and has sole voting and dispositive power with respect to these shares.
Documents
Issuer
AUBURN NATIONAL BANCORPORATION, INC
CIK 0000750574
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000750574
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 5, 8:00 PM ET
- Accepted
- Apr 6, 5:40 PM ET
- Size
- 15.9 KB