Arthur J. Bassin - Aug 10, 2023 Form 4 Insider Report for SALISBURY BANCORP, INC. (SAL)

Role: Director
Signature: /s/ Arthur J. Bassin
Stock symbol: SAL
Transactions as of: Aug 10, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/14/2023, 09:43 AM
Previous filing: May 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAL	Common Stock	Award	$0	+1.94K	+35.93%	$0.00	7.34K	Aug 10, 2023	Direct	F1
transaction	SAL	Common Stock	Disposed to Issuer		-7.34K	-100%		0	Aug 11, 2023	Direct	F2
transaction	SAL	Common Stock	Disposed to Issuer		-27.6K	-100%		0	Aug 11, 2023	By Trust	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Arthur J. Bassin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. 800 shares were granted on 5/19/21 and 1,140 shares were granted on 5/18/22, subject to three-year cliff vesting. The shares vested on 8/10/2023, subject to accelerated vesting upon certain change in control events.
F2	Each share of Issuer common stock was converted into and became exchangeable for the right to receive 0.7450 shares of NBT Bancorp Inc. ("Buyer") common stock.
F3	Shares owned by the Arthur J. Bassin and Susan B. Bassin Revocable Agreement of Trust.

Remarks:

This "Exit" Form 4 is voluntarily filed to report that the Reporting Person is no longer serving in the role as the Company's director, effective as of August 11, 2023, and therefore is no longer subject to Section 16 reporting for Salisbury.