CITIZENS & NORTHERN CORP — Director's Dealing 2016

Nov 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS & NORTHERN CORP (CZNC)
CIK: 0000810958
Period of Report: 2016-11-14

Reporting Person: LAMBERT LEO F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-14	Common Stock	M	538	$22.325	Acquired	18425	Direct
2016-11-14	Common Stock	M	1341	$19.88	Acquired	19766	Direct
2016-11-14	Common Stock	M	1259	$18.54	Acquired	21025	Direct
2016-11-14	Common Stock	M	1251	$19.21	Acquired	22276	Direct
2016-11-14	Common Stock	M	646	$20.45	Acquired	22922	Direct
2016-11-14	Common Stock	F	4081	$24.32	Disposed	18841	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-14	Director Stock Options	$22.325	M	538	Disposed	2017-01-03	Common Stock (538)	Direct
2016-11-14	Director Stock Options	$19.88	M	1341	Disposed	2019-01-05	Common Stock (1341)	Direct
2016-11-14	Director Stock Options	$18.54	M	1259	Disposed	2022-01-04	Common Stock (1259)	Direct
2016-11-14	Director Stock Options	$19.21	M	1251	Disposed	2023-01-03	Common Stock (1251)	Direct
2016-11-14	Director Stock Options	$20.45	M	646	Disposed	2024-01-03	Common Stock (646)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1659	Indirect
Common Stock	1580	Indirect