Todd J. Rubino - Apr 25, 2022 Form 4 Insider Report for SALISBURY BANCORP, INC. (SAL)

Signature
/s/ Todd J. Rubino
Stock symbol
SAL
Transactions as of
Apr 25, 2022
Transactions value $
$59,810
Form type
4
Date filed
4/25/2022, 03:27 PM
Previous filing
Mar 31, 2022
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAL Common Stock Options Exercise $59.8K +3.51K +129.71% $17.04 6.22K Apr 25, 2022 Direct
holding SAL Common Stock 900 Apr 25, 2022 Direct F1
holding SAL Common Stock 900 Apr 25, 2022 Direct F2
holding SAL Common Stock 850 Apr 25, 2022 Direct F3
holding SAL Common Stock 850 Apr 25, 2022 Direct F4
holding SAL Common Stock 1.2K Apr 25, 2022 ESOP F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SAL Stock Options (right to buy) Options Exercise $0 -3.51K -100% $0.00* 0 Apr 25, 2022 Common Stock 3.51K $17.04 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 2/28/22, subject to three-year cliff vesting
F2 Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/19/21, subject to three-year cliff vesting.
F3 Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/29/20, subject to three-year cliff vesting.
F4 Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/31/19, subject to three-year cliff vesting.
F5 Shares granted pursuant to the Issuer's 2013 Employee Stock Ownership Plan.