SPENCER EDWARD L JR 4
4 · AUBURN NATIONAL BANCORPORATION, INC · Filed Nov 16, 2017
Insider Transaction Report
Form 4
SPENCER EDWARD L JR
Director10% Owner
Transactions
- Gift
common stock
2017-11-13+16,721→ 665,727 total - Gift
common stock
2017-11-13−16,721→ 34,894 total(indirect: 8 year GRAT dated 12-23-09) - Gift
common stock
2017-11-14+34,894→ 59,639 total(indirect: By Trust) - Gift
common stock
2017-11-14−34,894→ 0 total(indirect: 8 year GRAT dated 12-23-09)
Holdings
- 18,950(indirect: By Spouse)
common stock
Footnotes (4)
- [F1]Reflects the distribution of 16,721 shares of AUBN common stock from the trust to Mr. Spencer pursuant to the terms of the trust, which shares are now reflected as directly owned by Mr. Spencer
- [F2]Shares of AUBN common stock are held by E. L. Spencer, Jr. Grantor Retained Annuity Trust dated 12-23-09. Mr. Spencer is trustee of the trust and has sole voting and dispositive power with respect to these shares of AUBN common stock.
- [F3]Reflects the distribution of 34,894 shares of AUBN common stock from the trust to a 2008 revocable trust for his benefit.
- [F4]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.