Ryan A. Smith - Mar 10, 2022 Form 4/A - Amendment Insider Report for CAMDEN NATIONAL CORP (CAC)

Role
EVP
Signature
Michael R. Archer, POA
Stock symbol
CAC
Transactions as of
Mar 10, 2022
Transactions value $
$31,965
Form type
4/A - Amendment
Date filed
9/2/2022, 05:31 PM
Date Of Original Report
Mar 14, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAC Common Stock Award $32K +854 +10.02% $37.43 9.38K Mar 10, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4, filed on March 14, 2022, is being amended by this Form 4 amendment solely to correct an administrative error, which erroneously reported the transaction code as "P". The shares were acquired under Camden National Corporation's Management Stock Purchase Plan ("MSPP") and the acquisition was exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d). Accordingly, this Form 4 amendment has been filed to amend the transaction code from "P" to "A". No other amendments have been made.
F2 Shares purchased under the Management Stock Purchase Plan ("MSPP") at a one-fourth discount of the Company's March 10, 2022 closing share price. These shares will vest the earlier of (i) age 65 with at least five years of consecutive service; or (ii) cliff-vest two years after issuance date.