BOWER JOSEPH B JR 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 28, 2020
Insider Transaction Report
Form 4
BOWER JOSEPH B JR
Executive Vice President
Transactions
- Award
common stock
2020-02-27$32.68/sh+7,109$232,322→ 48,727 total - Tax Payment
common stock
2020-02-27$32.68/sh−3,008$98,301→ 45,719 total
Holdings
- 309.984(indirect: Son)
common stock
- 4,102.846
phantom stock
→ common stock (4,102.846 underlying)
Footnotes (3)
- [F1]These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2009 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 share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.