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

Feb 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CB Financial Services, Inc. (CBFV)
CIK: 0001605301
Period of Report: 2016-02-17

Reporting Person: Burchianti Ralph (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-17	Common Stock	P	1000	$19.75	Acquired	52400	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 (10000)	10000	Direct

Footnotes

F1: Includes shares of restricted stock which vest 100% on December 16, 2016.

F2: Stock options vest at a rate of 20% per year commencing on December 16, 2016.

F3: The investment club owns a total of 2,200 shares of the issuer's common stock. Mr. Burchianti has a 10% interest in the investment club and disclaims beneficial ownership with respect to 1,980 shares.