Varischetti Peter C 4
4 · CNB FINANCIAL CORP/PA · Filed Sep 4, 2020
Insider Transaction Report
Form 4
Varischetti Peter C
Director
Transactions
- Purchase
Depositary Shares
2020-09-04$25.00/sh+3,000$75,000→ 3,000 total(indirect: By Spouse)
Holdings
- 4,314.605
phantom stock
→ common stock (4,314.605 underlying) - 9,881.268
Common Stock
- 3,000
Depositary Shares
Footnotes (2)
- [F1]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.
- [F2]Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.