SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SAWYER MARSHA C

(Last) (First) (Middle)
PO BOX 400
82 MAIN STREET

(Street)
BAR HARBOR ME 04609

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BAR HARBOR BANKSHARES [ BHB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/22/2014 J(1) 2,024.455 A $0 6,447.912 D
Common Stock 07/22/2014 J(2) 6 A $0 6,453.912 D
Common Stock 07/22/2014 J(3) 169 A $0 6,622.912 D
Common Stock 07/22/2014 J(4) 28 A $0 6,650.912 D
Common Stock 07/22/2014 J(5) 84.895 A $0 6,735.807 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (6) 07/22/2014 A 503 (6) (6) Common Stock 503 $0 503 D
Explanation of Responses:
1. Represents an increase in shares held in the Bar Harbor Bankshares 401(k) Plan f/b/o Marsha C Sawyer as a result of the three-for-two stock split paid on May 19, 2014
2. Represents an incease in shares owned as a result of the three-for-two stock split paid on May 19, 2014
3. Represents an increase in restricted stock units owned as a result of the three-for-two stock split paid on May 19, 2014
4. Represents an increase in shares of restricted stock owned as a result of the three-for-two stock split paid on May 19, 2014
5. Represents shares acquired through dividend reinvestment into the Bar Harbor Bankshares 401(k) Plan f/b/o Marsha C Sawyer
6. Represents a grant of restricted stock units ("RSUs") that will be settled in shares of the issuer's common stock on a one-to-one basis. The RSUs will vest in three equal annual installments beginning July 2015. At the time of vesting RSUs may be withheld to cover the executive's tax liabilities. Shares delivered on each vesting date are subject to an additional one year holding period.
Marsha C Sawyer 07/24/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.