Key facts
- This page summarizes George E. Banta's Form 4 filing for SALISBURY BANCORP, INC..
- 4 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 14 Aug 2023, 09:42.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Disposed to Issuer
Disposed to Issuer
Disposed to Issuer
Additional SEC filing notes
Section 16 status
George E. Banta is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote 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.
Footnote 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.
Footnote F3
Shares held by spouse.
Footnote F4
Shares held in Banta Food Co., Inc. Profit Sharing Plan. Mr. Banta is the Chief Executive Officer and thereby has voting and investment power over such shares, but he disclaims beneficial ownership.
SEC 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.