Sec Form 4 Filing - Simard Curtis C @ BAR HARBOR BANKSHARES - 2016-07-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Simard Curtis C
2. Issuer Name and Ticker or Trading Symbol
BAR HARBOR BANKSHARES [ BHB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
P O BOX 400, 82 MAIN STREET
3. Date of Earliest Transaction (MM/DD/YY)
07/25/2016
(Street)
BAR HARBOR, ME04609
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/25/2016 J 2.197 ( 1 ) A $ 0 9,495.31 ( 2 ) D
Common Stock 07/25/2016 P 49.198 ( 3 ) A $ 0 9,544.508 D
Common Stock 07/25/2016 M 741 A $ 0 ( 4 ) 10,285.508 D
Common Stock 07/25/2016 F 240 ( 5 ) D $ 0 10,045.508 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (RSUs) $ 0 ( 6 ) 07/25/2016 M 741 07/25/2016 07/25/2016 Common Stock 741 $ 0 742 ( 7 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Simard Curtis C
P O BOX 400
82 MAIN STREET
BAR HARBOR, ME04609
President and CEO
Signatures
Curtis C Simard 07/27/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares were acquired through regularly scheduled salary deferral and dividend reinvestment into the Bar Harbor Bankshares 401(k) Plan f/b/o Curtis C Simard
( 2 )The amount entered in the total number of shares owned column (box 5) reflects an increase of 40.00 shares to correct an error in previous filing.
( 3 )These shares were acquired through the executive's participation in a dividend reinvestment plan.
( 4 )Upon vesting, each restricted stock unit was converted into one share of BHB Common Stock.
( 5 )These shares were withheld to satisfy the executive's tax liability associated with the vesting of restricted stock units. This was not an open market sale of securities.
( 6 )Each restricted stock unit represents a contingent right to receive one share of BHB Common Stock.
( 7 )The amount entered in Column 9 represents the number of restricted stock units remaining in the 2014-216 Long Term Incentive Plan for this executive.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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