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