Donald Arthur Seibel Jr - Mar 15, 2022 Form 4 Insider Report for ACNB CORP (ACNB)

Role
Director
Signature
/s/ Lynda L. Glass as POA for Donald Arthur Seibel, Jr.
Stock symbol
ACNB
Transactions as of
Mar 15, 2022
Transactions value $
$20,483
Form type
4
Date filed
3/18/2022, 03:17 PM
Previous filing
Feb 10, 2022
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACNB ACNB Corporation Common Award $5.75K +176 +0.89% $32.74 19.9K Mar 15, 2022 Direct F1, F2, F3
transaction ACNB ACNB Corporation Common Award $14.7K +450 +2.26% $32.74 20.4K Mar 15, 2022 Direct F1, F4
holding ACNB ACNB Corporation Common 11.2K Mar 15, 2022 Trust F5
* 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 21.956017 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.
F5 The amount of securities beneficially owned includes 88.200061 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.