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4//SEC Filing

WOOFTER TIMOTHY K 4

Accession 0001209191-21-062204

CIK 0000774569other

Filed

Oct 31, 8:00 PM ET

Accepted

Nov 1, 4:49 PM ET

Size

13.6 KB

Accession

0001209191-21-062204

Insider Transaction Report

Form 4
Period: 2021-11-01
Transactions
  • Disposition to Issuer

    Cortland Bancorp Common Stock

    2021-11-0113,141.3580 total
  • Disposition to Issuer

    Cortland Bancorp Common Stock

    2021-11-0159,2330 total(indirect: By Trust)
  • Disposition to Issuer

    Cortland Bancorp Common Stock

    2021-11-01616.6430 total(indirect: By Trust)
  • Disposition to Issuer

    Cortland Bancorp Common Stock

    2021-11-011,9970 total(indirect: By Spouse)
  • Disposition to Issuer

    Cortland Bancorp Common Stock

    2021-11-0116,8960 total(indirect: By Foundation)
  • Disposition to Issuer

    Cortland Bancorp Common Stock

    2021-11-011,4890 total(indirect: By Trust)
Footnotes (1)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated June 22, 2021 (the "Agreement"), by and among Cortland Bancorp ("Cortland"), Farmers National Banc Corp. ("Farmers") and FMNB Merger Subsidiary, IV, LLC ("FMNB"), pursuant to which Cortland merged with and into Farmers (the "Merger") on November 1, 2021 (the "Closing Date"). Pursuant to the Agreement, each share of Cortland common stock issued and outstanding immediately prior to the effective time of the Merger (the "Effective Time") (other than certain shares held by Cortland or Farmers) was converted into the right to receive 1.75 shares (the "Exchange Ratio") of Farmers common stock. The price of Farmers common stock on NASDAQ on the Closing Date was $18.95.

Issuer

CORTLAND BANCORP INC

CIK 0000774569

Entity typeother

Related Parties

1
  • filerCIK 0001205132

Filing Metadata

Form type
4
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 4:49 PM ET
Size
13.6 KB