Hammer Michael L. 4
4 · HV Bancorp, Inc. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
HV Bancorp, Inc.HVBC
Hammer Michael L.
Director
Transactions
- Disposition to Issuer
Common Stock
2023-06-16−2,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2023-06-16−8,000→ 0 total(indirect: By 401(k))
Footnotes (1)
- [F1]Pursuant to a merger agreement between the Issuer and Citizens Financial Services, Inc. ("CZFS"), each share of Issuer common stock was converted into and became exchangeable for the right to receive, at the election of the holder, either (i) $30.50 in cash or (ii) 0.4040 shares of CZFS common stock, subject to allocation procedures to ensure that 20% of the outstanding shares of Issuer common stock are exchanged for cash and 80% of the outstanding shares of Issuer common stock are exchanged for shares of CZFS common stock.