Peter Albero - Mar 29, 2022 Form 4 Insider Report for SALISBURY BANCORP, INC. (SAL)

Signature
/s/ Peter Albero
Stock symbol
SAL
Transactions as of
Mar 29, 2022
Transactions value $
-$25,747
Form type
4
Date filed
3/31/2022, 12:29 PM
Previous filing
Mar 1, 2022
Next filing
Mar 24, 2023

Transactions Table

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 1,000 units were granted on 3/29/19, subject to three-year cliff vesting and the satisfaction of certain performance criteria. On 3/29/22, the performance criteria for the award was exceeded, resulting in the vesting of 1,500 restricted stock units.
F2 Shares retired to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction in connection with the vesting and settlement of PBRSUs on 3/29/22.
F3 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
F4 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
F5 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
F6 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.
F7 Includes shares acquired upon reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan
F8 Shares granted pursuant to the Issuer's 2013 Employee Stock Ownership Plan.