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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (5) | 07/22/2014 | A(5) | 1,261 | (5) | (5) | Common Stock | 1,261 | $ 0 | 1,261 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SHENCAVITZ GERALD PO BOX 400 82 MAIN STREET BAR HARBOR, ME 04609 |
EVP and CFO |
Gerald Shencavitz | 07/24/2014 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Represents an increase in shares held in the Bar Harbor Bankshares 401(k) Plan f/b/o Gerald Shencavitz as a result of the three-to-two stock split paid on May 19, 2014 |
(2) | Represents an increase in restricted shares owned as a result of the three-to-two stock split paid on 05/19/2014 |
(3) | Represents an increase in restricted stock units owned as a result of the three-to-two stock split paid on May 19, 2014 |
(4) | Represents shares acquired through regularly scheduled salary deferral and dividend reinvestment into the Bar Harbor Bankshares 401(k) Plan f/b/o Gerald Shencavitz |
(5) | Represents a grant of restricted stock units ("RSUs") that will be settled in shares of the issuer's common stock on a one-for-one basis. The RSUs vest in three equal annual installments beginning July 2015. At the time of vesting shares of restricted stock units may be withheld to cover the executive's tax liabilities. All shares delivered at each vesting date are subject to an additional one year holding period. |