Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CAC | Common Stock | Award | $32.8K | +876 | +7.92% | $37.43 | 11.9K | Mar 10, 2022 | Direct | F1, F2 |
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. |