ACNB CORP — Director's Dealing 2020

Jun 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACNB CORP (ACNB)
CIK: 0000715579
Period of Report: 2020-06-15

Reporting Person: Herring Todd L (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-15	ACNB Corporation Common	A	227.2278	$25.305	Acquired	3775.221	Direct
2020-06-15	ACNB Corporation Common	A	500	$25.305	Acquired	4275.221	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
ACNB Corporation Common	966.9523	Indirect
ACNB Corporation Common	880	Indirect
ACNB Corporation Common	1052	Indirect

Footnotes

F1: The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).

F2: The shares represent stock received in lieu of director fees pursuant to a plan.

F3: The amount of securities beneficially owned includes 22.158072 shares of common stock purchased for the same Transaction Date of June 15, 2020, through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, which are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.

F4: One-third (1/3) of this Variable Equity Award, granted in the form of restricted stock under the ACNB Bank Variable Compensation Plan and pursuant to the ACNB Corporation 2018 Omnibus Stock Incentive Plan, is 100% vested as of the Grant Date of June 15, 2020, with the next one-third (1/3) 100% vested as of January 1, 2021, and the final one-third (1/3) 100% vested as of January 1, 2022.

F5: The amount of securities beneficially owned includes 9.459791 shares of common stock purchased for the same Transaction Date of June 15, 2020, through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, which are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.