Curtis C. Simard - 23 Apr 2023 Form 4 Insider Report for BAR HARBOR BANKSHARES (BHB)

Role
PRESIDENT/CEO, Director
Signature
/s/ Olivia Erickson, Attorney-in-Fact
Issuer symbol
BHB
Transactions as of
23 Apr 2023
Net transactions value
-$101,896
Form type
4
Filing time
25 Apr 2023, 18:04:35 UTC
Previous filing
16 Feb 2023
Next filing
14 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHB Common Stock Award $0 +6,897 +8.8% $0.000000 85,065 23 Apr 2023 Direct F1
transaction BHB Common Stock Options Exercise $0 +2,189 +2.6% $0.000000 87,254 23 Apr 2023 Direct F2
transaction BHB Common Stock Options Exercise $0 +2,510 +2.9% $0.000000 89,764 23 Apr 2023 Direct F2
transaction BHB Common Stock Tax liability $101,896 -4,122 -4.6% $24.72 85,642 23 Apr 2023 Direct F3
holding BHB Common stock 1,451 23 Apr 2023 by 401(k)

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) 2020-2022 Options Exercise $0 -2,189 -100% $0.000000* 0 23 Apr 2023 Common Stock 2,189 $0.000000 Direct F4
transaction BHB Restricted Stock Units (RSUs) 2021-2023 Options Exercise $0 -2,510 -50% $0.000000 2,510 23 Apr 2023 Common Stock 2,510 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock acquired upon the settlement of restricted stock units with performance-based vesting criteria. The performance criteria were met on April 23, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F3 These shares were withheld for tax purposes upon the vesting of restricted stock and restricted stock units.
F4 The restricted stock units vested on April 23, 2023.
F5 The remaining restricted stock units are scheduled to vest April 23, 2024.