0001628280-17-007263.txt : 20170725 0001628280-17-007263.hdr.sgml : 20170725 20170725175504 ACCESSION NUMBER: 0001628280-17-007263 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170724 FILED AS OF DATE: 20170725 DATE AS OF CHANGE: 20170725 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Maltz Richard B CENTRAL INDEX KEY: 0001619879 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13349 FILM NUMBER: 17981299 MAIL ADDRESS: STREET 1: PO BOX 400 STREET 2: 82 MAIN STREET CITY: BAR HARBOR STATE: ME ZIP: 04609 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BAR HARBOR BANKSHARES CENTRAL INDEX KEY: 0000743367 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 010393663 STATE OF INCORPORATION: ME FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 82 MAIN ST STREET 2: PO BOX 400 CITY: BAR HARBOR STATE: ME ZIP: 04609-0400 BUSINESS PHONE: 2072883314 MAIL ADDRESS: STREET 1: 82 MAIN ST STREET 2: PO BOX 400 CITY: BAR HARBOR STATE: ME ZIP: 04609-0400 4 1 wf-form4_150101969095926.xml FORM 4 X0306 4 2017-07-24 0 0000743367 BAR HARBOR BANKSHARES BHB 0001619879 Maltz Richard B C/O BAR HARBOR BANKSHARES P.O. BOX 400, 82 MAIN STREET BAR HARBOR ME 04609 0 1 0 0 EVP, COO & Chief Risk Officer Common Stock 2017-07-24 4 M 0 521 0 A 3146.01 D Common Stock 2017-07-24 4 M 0 1629 0 A 4775.01 D Common Stock 2017-07-24 4 F 0 676 29.10 D 4099.01 D Restricted Stock Units (RSUs) 2014 - 2016 Plan (Plan B) 0.0 2017-07-24 4 M 0 521 0 D Common Stock 521.0 0 D Restricted Stock Units (RSUs) 2014 - 2016 Plan (Plan B) 0.0 2017-07-24 4 M 0 1629 0 D Common Stock 1629.0 0 D Upon vesting, each restricted stock unit was converted into one share of BHB Common Stock based on the closing price of July 21, 2017, the last trading day before the vesting date. These shares were withheld to satisfy the executive's tax liability associated with the vesting of restricted stock units. This was not an open market sale of securities. Represents the number of time-vested Restricted Stock Units remaining for the 2014-2016 Long Term Incentive Plan (Plan B). Each restricted stock unit represents a contingent right to receive one share of BHB Common Stock. On September 23, 2014, the reporting person was granted 1,111 time-based Restricted Stock Units, vesting in three pro-rated installments beginning on July 22, 2015. Upon promotion, Mr. Maltz was awarded an additional 44 shares on September 28, 2016 for vesting at the final installment of this plan. Represents the number of performance-vested Restricted Stock Units remaining for the 2014-2016 Long Term Incentive Plan (Plan B). These Restricted Stock Units were granted on September 23, 2014, with additional shares granted upon Mr. Maltz's September 2016 promotion, to vest in full on July 22, 2017. /s/Kimberly Pruett Ilg, as attorney-in-fact 2017-07-25