Greslick Richard Lee Jr. 4
4 · CNB FINANCIAL CORP/PA · Filed Feb 23, 2023
Insider Transaction Report
Form 4
Greslick Richard Lee Jr.
Senior Vice President
Transactions
- Award
Common Stock
2023-02-23$24.12/sh+1,150$27,738→ 29,863.04 total
Holdings
- 2,000
Depositary Shares
- 7,615.94
Phantom Stock
→ Common STock (7,615.94 underlying)
Footnotes (4)
- [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.
- [F4]n/a