Key facts
- This page summarizes Peter Albero's Form 4 filing for SALISBURY BANCORP, INC..
- 6 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 14 Aug 2023, 14:51.
Peter Albero - 10 Aug 2023 Form 4 Insider Report for SALISBURY BANCORP, INC.
- Reporting relationship
- EVP & Chief Financial Officer
- Issuer ticker
- N/A
- Reported as of
- 10 Aug 2023
- Net transaction value
- -$78,397
- SEC form
- 4
- Accepted by SEC
- 14 Aug 2023, 14:51:47 UTC
- Prior SEC filing
- 24 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Peter Albero
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Peter Albero filed Form 4 for SALISBURY BANCORP, INC. on 14 Aug 2023.
Change
- Previous filing in this sequence was filed on 24 Mar 2023.
- Current net transaction value: -$78,397.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SAL
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +2,817
- Change %
- +17%
- Price
- $0.000000
- Shares after
- 18,961
- Date
- 10 Aug 2023
- Ownership
- Direct
- Footnotes
- F1
SAL
transaction
Common Stock
Tax liability
- Transaction value
- $23,223
- Shares
- -846
- Change %
- -4.5%
- Price
- $27.45
- Shares after
- 18,115
- Date
- 10 Aug 2023
- Ownership
- Direct
- Footnotes
- F1
SAL
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +6,700
- Change %
- +37%
- Price
- $0.000000
- Shares after
- 24,815
- Date
- 10 Aug 2023
- Ownership
- Direct
- Footnotes
- F2
SAL
transaction
Common Stock
Tax liability
- Transaction value
- $55,174
- Shares
- -2,010
- Change %
- -8.1%
- Price
- $27.45
- Shares after
- 22,805
- Date
- 10 Aug 2023
- Ownership
- Direct
- Footnotes
- F2
SAL
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -22,805
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 11 Aug 2023
- Ownership
- Direct
- Footnotes
- F3
SAL
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -1,043
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 11 Aug 2023
- Ownership
- By ESOP
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Peter Albero is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 2,000 units were granted on 6/23/21 and 2,000 units were granted on 2/28/22, subject to three-year cliff vesting and the satisfaction of certain performance criteria. A pro-rata portion of the shares (1,742 and 1,075 respectively) vested at target (100%) on 8/10/2023, subject to accelerated vesting upon certain change in control events.
Footnote F2
Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. 3,200 shares were granted on 5/19/21 and 3,500 shares were granted on 2/28/22, subject to three-year cliff vesting. The shares vested on 8/10/2023, subject to accelerated vesting upon certain change in control events.
Footnote F3
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.
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 executive officer, effective as of August 11, 2023, and therefore is no longer subject to Section 16 reporting for Salisbury.