0001174947-23-001050.txt : 20230814
0001174947-23-001050.hdr.sgml : 20230814
20230814145349
ACCESSION NUMBER: 0001174947-23-001050
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230810
FILED AS OF DATE: 20230814
DATE AS OF CHANGE: 20230814
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CANTELE RICHARD J JR
CENTRAL INDEX KEY: 0001212376
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14854
FILM NUMBER: 231168880
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SALISBURY BANCORP, INC.
CENTRAL INDEX KEY: 0001060219
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 061514263
STATE OF INCORPORATION: CT
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5 BISSELL ST
STREET 2: PO BOX 1868
CITY: LAKEVILLE
STATE: CT
ZIP: 06039-1868
BUSINESS PHONE: 8604359801
MAIL ADDRESS:
STREET 1: 5 BISSELL ST
STREET 2: PO BOX 1868
CITY: LAKEVILLE
STATE: CT
ZIP: 06039-1868
FORMER COMPANY:
FORMER CONFORMED NAME: Salisbury Bancorp, Inc.
DATE OF NAME CHANGE: 20210422
FORMER COMPANY:
FORMER CONFORMED NAME: SALISBURY BANCORP INC
DATE OF NAME CHANGE: 19980420
4
1
ownership.xml
X0508
4
2023-08-10
1
0001060219
SALISBURY BANCORP, INC.
SAL
0001212376
CANTELE RICHARD J JR
24 HEMLOCK LANE
SALISBURY
CT
06068
1
1
0
0
President and CEO
0
Common Stock
2023-08-10
4
A
0
4226
0.00
A
64184
D
Common Stock
2023-08-10
4
F
0
1268
27.45
D
62916
D
Common Stock
2023-08-10
4
A
0
11200
0.00
A
74116
D
Common Stock
2023-08-10
4
F
0
3360
27.45
D
70756
D
Common Stock
2023-08-11
4
D
0
70756
D
0
D
Common Stock
2023-08-11
4
D
0
4065
D
0
I
By ESOP
Award of performance-based restricted stock units (PBRSUs) pursuant to the Issuer's 2017 Long Term Incentive Plan. 3,000 units were granted on 6/23/21 and 3,000 units were granted on 2/28/22, subject to three-year cliff vesting and the satisfaction of certain performance criteria. A pro-rata portion of the shares (2,613 and 1,613 respectively) vested on 8/10/2023, subject to accelerated vesting upon certain change in control events.
Award of restricted stock pursuant to the Issuer's 2017 Long Term Incentive Plan. 5,600 shares were granted on 5/19/21 and 5,600 shares were granted on 2/28/22, subject to three-year cliff vesting. The shares vested on 8/10/2023, subject to accelerated vesting upon certain change in control events.
Each share of Issuer common stock was converted into and became exchangeable for the right to receive 0.7450 shares of NBT Bancorp Inc. ("Buyer") common stock.
This "Exit" Form 4 is voluntarily filed to report that the Reporting Person is no longer serving in the role as the Company's director and executive officer, effective as of August 11, 2023, and therefore is no longer subject to Section 16 reporting for Salisbury.
/s/ Richard J. Cantele, Jr.
2023-08-14