Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
CAMPBELL JOANNE T
  2. Issuer Name and Ticker or Trading Symbol
CAMDEN NATIONAL CORP [CAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP
(Last)
(First)
(Middle)
2 ELM STREET / PO BOX 310
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2016
(Street)

CAMDEN, ME US 04843
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 02/23/2016   P   674 A $ 25.41 (1) 10,393.08 D  
Common Stock 02/23/2016   A   1,188 A $ 0 (2) 11,581.08 D  
Common Stock 02/23/2016   F   519 D (3) $ 38.11 11,062.08 D  
Common Stock 02/23/2016   P   0.33 A $ 0 (4) 11,062.41 D  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Employee Stock Option (right to buy) $ 44.51             02/12/2012 02/12/2017 Common Stock 1,000   1,000 D  
Employee Stock Option (right to buy) $ 24.46             02/24/2014 02/24/2019 Common Stock 500   1,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CAMPBELL JOANNE T
2 ELM STREET / PO BOX 310
CAMDEN, ME US 04843
      EVP  

Signatures

 Michael R. Archer, POA   02/25/2016
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Shares purchased under the Management Stock Purchase Plan ("MSPP") at a one-third discount of the Company's February 23, 2016 share closing price. These shares will fully vest 2 years from the issuance date.
(2) Shares issued under the 2013-2015 Long-Term Performance Share Plan ("LTIP").
(3) Consists of shares withheld by Camden National Corporation in order to satisfy the minimum tax withholding obligation on the LTIP shares vested on 02/23/16.
(4) Reflects 0.33 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program.

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