Larry K. Haynes - Jan 2, 2025 Form 4 Insider Report for CAMDEN NATIONAL CORP (CAC)

Role
Director
Signature
Christopher G. Hutchinson, POA
Stock symbol
CAC
Transactions as of
Jan 2, 2025
Transactions value $
$7,014
Form type
4
Date filed
1/6/2025, 03:26 PM
Next filing
Mar 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAC Common Stock Award $7.01K +166 $42.25 166 Jan 2, 2025 Direct F1
transaction CAC Common Stock Award $0 +346 +208.43% $0.00 512 Jan 2, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 200 shares of Northway Financial, Inc. ("Northway") common stock in connection with the merger of Northway with and into Camden National Corporation ("Camden") (the "Merger"), effective January 2, 2025 (the "Effective Time"). Pursuant to the terms of the Agreement and Plan of Merger, dated September 9, 2024, between Camden and Northway, as of the Effective Time, each issued and outstanding share of Northway common stock converted into the right to receive 0.83 shares of Camden common stock.
F2 Shares granted under the 2024 Independent Directors' Equity Compensation Program, a component of the 2022 Equity and Incentive Plan; therefore, price is N/A. These shares vested immediately on the date of grant.