Stone Thomas R 4
4 · ACNB CORP · Filed Mar 21, 2023
Insider Transaction Report
Form 4
ACNB CORPACNB
Stone Thomas R
ACNB Bank EVP
Transactions
- Purchase
ACNB Corporation Common
2023-03-15$31.91/sh+42.032$1,341→ 6,917.603 total - Award
ACNB Corporation Common
2023-03-15$31.91/sh+3,070.656$98,000→ 10,037.882 total - Tax Payment
ACNB Corporation Common
2023-03-15$31.91/sh−283.953$9,062→ 9,753.929 total
Footnotes (4)
- [F1]The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
- [F2]This amount includes shares of common stock purchased for the same transaction date 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.
- [F3]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 March 15, 2023, with the next one-third (1/3) 100% vested as of January 1, 2024, and the final one-third (1/3) 100% vested as of January 1, 2025.
- [F4]This amount is in payment of the tax liability, by withholding of securities, on the first one-third (1/3) vested as of the Grant Date of March 15, 2023, in accordance with SEC Rule 16b-3.