Scott L. Kelley - 15 Mar 2022 Form 4 Insider Report for ACNB CORP (ACNB)

Role
Director
Signature
/s/ Lynda L. Glass as POA for Scott L. Kelley
Issuer symbol
ACNB
Transactions as of
15 Mar 2022
Net transactions value
+$50,508
Form type
4
Filing time
18 Mar 2022, 14:28:15 UTC
Previous filing
18 Feb 2022
Next filing
21 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACNB ACNB Corporation Common Award $2,875 +88 +0.43% $32.74 20,570 15 Mar 2022 Direct F1, F2, F3
transaction ACNB ACNB Corporation Common Award $14,733 +450 +2.2% $32.74 21,020 15 Mar 2022 Direct F1, F4
transaction ACNB ACNB Corporation Common Purchase $32,900 +1,000 +4.8% $32.90 22,020 16 Mar 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The date of execution was determined in accordance with SEC Rule 16a-3(g)(2) and (g)(4).
F2 The shares represent stock received in lieu of director fees pursuant to a plan.
F3 The amount of securities beneficially owned includes 9.321930 shares of common stock purchased for the same Transaction Date of March 15, 2022, through the automatic reinvestment of dividends under the ACNB Corporation Dividend Reinvestment and Stock Purchase Plan, which are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.
F4 One-third (1/3) of this Variable Equity Award, granted in the form of restricted stock under the ACNB Bank Variable Compensation Plan and pursuant to the ACNB Corporation 2018 Omnibus Stock Incentive Plan, is 100% vested as of the Grant Date of March 15, 2022, with the next one-third (1/3) 100% vested as of January 1, 2023, and the final one-third (1/3) 100% vested as of January 1, 2024.