0000950156-11-000035.txt : 20110310 0000950156-11-000035.hdr.sgml : 20110310 20110310120531 ACCESSION NUMBER: 0000950156-11-000035 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100512 FILED AS OF DATE: 20110310 DATE AS OF CHANGE: 20110310 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SKIFF ROBERT A CENTRAL INDEX KEY: 0001220447 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11595 FILM NUMBER: 11677398 MAIL ADDRESS: STREET 1: 275 KENNEDY DRIVE CITY: SOUTH BURLINGTON STATE: VT ZIP: 05403 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MERCHANTS BANCSHARES INC CENTRAL INDEX KEY: 0000726517 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 030287342 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 275 KENNEDY DRIVE CITY: SOUTH BURLINGTON STATE: VT ZIP: 05403 BUSINESS PHONE: 8026583400 MAIL ADDRESS: STREET 1: 275 KENNEDY DRIVE CITY: SOUTH BURLINGTON STATE: VT ZIP: 05403 4 1 primary_doc.xml PRIMARY DOCUMENT X0303 4 2010-05-12 0 0000726517 MERCHANTS BANCSHARES INC MBVT 0001220447 SKIFF ROBERT A 275 KENNEDY DRIVE SOUTH BURLINGTON VT 05403 1 0 0 0 Common Stock 2010-05-12 4 S 0 250 23.43 D 6244 D /s/ Janet Spitler, P.O.A. for Robert A. Skiff 2011-03-10 EX-24 2 skiffpoa.txt POWER OF ATTORNEY Power of Attorney Know all by these presents, that the undersigned Robert A. Skiff, (the "Reporting Person") hereby constitutes and appoints Lisa Razo, F. Sheldon Prentice or Janet Spitler as the Reporting Person's true and lawful attorneys-in-fact to: (1) execute for and on behalf of the Reporting Person, in the Reporting Person's capacity as an officer or Director of Merchants Bancshares, Inc. its subsidiary, Merchants Bank, Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder; (2) do and perform any and all acts for and on behalf of the Reporting Person which may be necessary or desirable to complete and execute any such Form 3, 4 or 5 and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, and in the best interest of, or legally required by, the Reporting Person. The Reporting Person hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the Reporting Person might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall lawfully do or cause to be done by the virtue of this power of attorney and the rights and powers herein granted. The Reporting Person acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the Reporting Person, are not assuming, nor is the company assuming any of the Reporting Persons' responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. This Power of attorney shall remain in full force and effect until the Reporting Person is no longer required to file Forms 3, 4 and 5 with respect to the Reporting Persons' holdings of and transactions in securities issued by the Company, unless earlier revoked by the Reporting Person in a signed writing delivered to the foregoing attorney-in-fact. IN WITNESS WHEREOF, the Reporting Person has caused this Power of Attorney to be executed as of this 17th day of April, 2008. /s/Robert A. Skiff ROBERT A. SKIFF Signature