CNB FINANCIAL CORP/PA 4
4 · CNB FINANCIAL CORP/PA · Filed Jan 9, 2017
Insider Transaction Report
Form 4
Seager Richard B.
Director
Transactions
- Discretionary Transaction
phantom stock
2017-01-05$26.58/sh−1,594.895$42,392→ 2,545.117 total→ common stock (1,594.895 underlying)
Holdings
- 8,942
common stock
Footnotes (3)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
- [F2]On 1/5/17, the reporting person transferred the value of 1,594.895 shares of phantom stock into an alternative investment account, in connection with the rebalancing of his account.
- [F3]The reporting person had a previously unreported balance of 4,140.012 phantom shares acquired since January 1, 2015 under the Company's deferred compensation plan.