BOWER JOSEPH B JR 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 24, 2021
Insider Transaction Report
Form 4
BOWER JOSEPH B JR
Executive Vice President
Transactions
- Award
common stock
2021-02-24$21.03/sh+5,640$118,609→ 58,739 total
Holdings
- 691.914(indirect: Son)
common stock
- 6,698.609
phantom stock
→ common stock (6,698.609 underlying) - 4,360
Depositary shares
Footnotes (3)
- [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]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.
- [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.