Greslick Richard Lee Jr. 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 26, 2024
Insider Transaction Report
Form 4
Greslick Richard Lee Jr.
Senior Vice President
Transactions
- Award
Common Stock
2024-02-26$21.35/sh+2,749$58,691→ 33,317.782 total - Tax Payment
Common Stock
2024-02-26$21.35/sh−876$18,703→ 32,441.782 total
Holdings
- 2,000
Depositary Shares
- 10,238.28(indirect: By 401(k))
Common Stock
- 6,130.726
Phantom Stock
→ Common Stock (6,130.726 underlying)
Footnotes (6)
- [F1]These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, which provided for the conversion of performance units into a number of shares of common stock based on the Issuer's performance over a three year designated performance period.
- [F2]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Performance Award.
- [F3]Each Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.
- [F4]Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
- [F5]n/a
- [F6]Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.