Alloway Richard Lee II 4
4 · ACNB CORP · Filed Jun 20, 2019
Insider Transaction Report
Form 4
ACNB CORPACNB
Alloway Richard Lee II
Director
Transactions
- Award
ACNB Corporation Common
2019-06-14$36.47/sh+123.389$4,500→ 2,540.728 total - Award
ACNB Corporation Common
2019-06-14$36.47/sh+500$18,235→ 3,040.728 total
Footnotes (4)
- [F1]The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- [F2]The shares represent stock received in lieu of director fees pursuant to a plan.
- [F3]The amount of securities beneficially owned includes 11.739512 shares of common stock purchased for the same Transaction Date of June 14, 2019, through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, which are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.
- [F4]One-third (1/3) of this Variable Equity Award, granted in the form of restricted stock under the ACNB Bank Variable Compensation Plan and pursuant to the ACNB Corporation 2018 Omnibus Stock Incentive Plan, is 100% vested as of the Grant Date of June 14, 2019, with the next one-third (1/3) 100% vested as of January 1, 2020, and the final one-third (1/3) 100% vested as of January 1, 2021.