CITIZENS & NORTHERN CORP — Director's Dealing 2016

Dec 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS & NORTHERN CORP (CZNC)
CIK: 0000810958
Period of Report: 2016-12-19

Reporting Person: D'Haene Shelley L (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-19	Common Stock	M	420	$22.325	Acquired	4777	Direct
2016-12-19	Common Stock	M	745	$17.50	Acquired	5522	Direct
2016-12-19	Common Stock	F	874	$25.635	Disposed	4648	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-19	Director Stock Options	$22.325	M	420	Disposed	2017-01-03	Common Stock (420)	Direct
2016-12-19	Director Stock Options	$17.50	M	745	Disposed	2018-01-03	Common Stock (745)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3175	Indirect