Jason Paul Edgar - Apr 23, 2022 Form 4 Insider Report for BAR HARBOR BANKSHARES (BHB)

Role
PRESIDENT OF BHTS & CTC
Signature
/s/ Olivia Erickson, Attorney-in-Fact for Jason Edgar
Stock symbol
BHB
Transactions as of
Apr 23, 2022
Transactions value $
-$13,344
Form type
4
Date filed
5/31/2022, 04:55 PM
Previous filing
Mar 23, 2022
Next filing
Jul 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHB Common Stock Options Exercise $0 +501 +15.46% $0.00 3.74K Apr 23, 2022 Direct F1
transaction BHB Common Stock Options Exercise $0 +702 +18.77% $0.00 4.44K Apr 23, 2022 Direct F1
transaction BHB Common Stock Options Exercise $0 +793 +17.85% $0.00 5.24K Apr 23, 2022 Direct F1
transaction BHB Common Stock Tax liability -$13.3K -487 -9.3% $27.40 4.75K Apr 23, 2022 Direct F2

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 BHB Restricted Stock Units (RSUs) 2019-2021 Options Exercise $0 -501 -100% $0.00* 0 Apr 23, 2022 Common Stock 501 $0.00 Direct F3, F4
transaction BHB Restricted Stock Units (RSUs) 2020-2022 Options Exercise $0 -702 -50.04% $0.00 701 Apr 23, 2022 Common Stock 702 $0.00 Direct F3, F5
transaction BHB Restricted Stock Units (RSUs) 2021-2023 Options Exercise $0 -793 -33.01% $0.00 1.61K Apr 23, 2022 Common Stock 793 $0.00 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each restricted stock unit was converted into one share of BHB Common Stock.
F2 These shares were withheld to satisfy the executive's tax liability associated with the vesting of restricted stock awards and restricted stock units. This was not an open market sale of securities.
F3 Each restricted stock unit represents a contingent right to receive one share of BHB Common Stock.
F4 The restricted stock units vested on April 23, 2022.
F5 The remaining restricted stock units are scheduled to vest on April 23, 2023.
F6 The remaining restricted stock units are scheduled to vest in two equal installments on April 23, 2023 and April 23, 2024.