Shilling Steven R Shaffner 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 23, 2023
Insider Transaction Report
Form 4
Shilling Steven R
EVP/Chief Wealth Mngt Officer
Transactions
- Award
Common Stock
2023-02-23$24.12/sh+460$11,095→ 6,400 total - Tax Payment
Common Stock
2023-02-23$24.12/sh−155$3,739→ 6,245 total
Holdings
- 400
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]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Performance Award.
- [F3]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.