Curtis C. Simard - 23 Apr 2022 Form 4 Insider Report for BAR HARBOR BANKSHARES (BHB)

Role
PRESIDENT/CEO, Director
Signature
/s/ Olivia Erickson, Attorney-in-Fact for Curtis C. Simard
Issuer symbol
BHB
Transactions as of
23 Apr 2022
Net transactions value
-$52,389
Form type
4
Filing time
31 May 2022, 16:46:05 UTC
Previous filing
15 Feb 2022
Next filing
28 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHB Common Stock Options Exercise $0 +1,849 +3.3% $0.000000 58,715 23 Apr 2022 Direct F1
transaction BHB Common Stock Options Exercise $0 +2,188 +3.7% $0.000000 60,903 23 Apr 2022 Direct F1
transaction BHB Common Stock Options Exercise $0 +2,473 +4.1% $0.000000 63,376 23 Apr 2022 Direct F1
transaction BHB Common Stock Tax liability $52,389 -1,912 -3% $27.40 61,464 23 Apr 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 -1,849 -100% $0.000000* 0 23 Apr 2022 Common Stock 1,849 $0.000000 Direct F3, F4
transaction BHB Restricted Stock Units (RSUs) 2020-2022 Options Exercise $0 -2,188 -50% $0.000000 2,189 23 Apr 2022 Common Stock 2,188 $0.000000 Direct F3, F5
transaction BHB Restricted Stock Units (RSUs) 2021-2023 Options Exercise $0 -2,473 -33% $0.000000 5,020 23 Apr 2022 Common Stock 2,473 $0.000000 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.