CB Financial Services, Inc. — Director's Dealing 2016

Dec 20, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CB Financial Services, Inc. (CBFV)
CIK: 0001605301
Period of Report: 2016-12-16

Reporting Person: Groves William C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-16	Common Stock	A	500	$0.00	Acquired	14949	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-16	Stock Options	$26.45	A	1400	Acquired	2026-12-16	Common Stock (1400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2200	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$22.25	2025-12-16	Common Stock (5000)	5000	Direct

Footnotes

F1: Shares of restricted stock vest 100% on December 16, 2017.

F2: Stock options vest at a rate of 20% per year commencing on December 16, 2017.

F3: Stock options vest at a rate of 20% per year commencing on December 16, 2016.

F4: The investment club owns a total of 2,200 shares of the issuer's common stock. Mr. Groves has a 10% interest in the investment club and disclaims beneficial ownership with respect to 1,980 shares.