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CNB FINANCIAL CORP/PA — Director's Dealing 2023
Feb 23, 2023
32504_dirs_2023-02-23_6522ac9f-19bf-4db3-9b60-cfb5fbf7e131.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: 2023-02-22
Reporting Person: Shilling Steven R Shaffner (EVP/Chief Wealth Mngt Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-23 | Common Stock | A | 460 | $24.12 | Acquired | 6400 | Direct |
| 2023-02-23 | Common Stock | F | 155 | $24.12 | Disposed | 6245 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Depositary Shares | 400 | Direct |
Footnotes
F1: These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2019 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 Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.