Todd J. Rubino - 28 Feb 2022 Form 4 Insider Report for SALISBURY BANCORP, INC. (SAL)

Signature
/s/ Todd J. Rubino
Issuer symbol
SAL
Transactions as of
28 Feb 2022
Net transactions value
+$50,994
Form type
4
Filing time
01 Mar 2022, 14:17:14 UTC
Previous filing
08 Feb 2022
Next filing
31 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAL Common Stock Award $50,994 +900 $56.66 900 28 Feb 2022 Direct F1
holding SAL Common Stock 900 28 Feb 2022 Direct F2
holding SAL Common Stock 850 28 Feb 2022 Direct F3
holding SAL Common Stock 850 28 Feb 2022 Direct F4
holding SAL Common Stock 2,255 28 Feb 2022 Direct
holding SAL Common Stock 1,086 28 Feb 2022 ESOP F5

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
holding SAL Stock Options (right to buy) 3,510 28 Feb 2022 Common Stock 3,510 $17.04 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 2/28/22, subject to three-year cliff vesting.
F2 Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/19/21, subject to three-year cliff vesting.
F3 Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/29/20, subject to three-year cliff vesting.
F4 Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. The shares were granted on 5/31/19, subject to three-year cliff vesting.
F5 Shares granted pursuant to the Issuer's 2013 Employee Stock Ownership Plan.