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CNB FINANCIAL CORP/PA — Director's Dealing 2020
Feb 28, 2020
32504_dirs_2020-02-28_02d3f967-06dd-4556-bd2c-d132bd7fd257.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CNB FINANCIAL CORP/PA (CCNE)
CIK: 0000736772
Period of Report: 2020-02-27
Reporting Person: BOWER JOSEPH B JR (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-27 | common stock | A | 7109 | $32.68 | Acquired | 48727 | Direct |
| 2020-02-27 | common stock | F | 3008 | $32.68 | Disposed | 45719 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common stock | 309.984 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| phantom stock | $ | common stock (4102.846) | 4102.846 | Direct |
Footnotes
F1: These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2009 Stock Incentive Plan, which provided for the conversion of performance units into a number of shares of common stock based on the Issuer's performance over a three year designated performance period.
F2: Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Performance Award.
F3: Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.