Jason H. Weber - 15 Mar 2023 Form 4 Insider Report for ACNB CORP (ACNB)

Role
EVP, Treasurer & CFO
Signature
/s/ Jason H. Weber
Issuer symbol
ACNB
Transactions as of
15 Mar 2023
Net transactions value
+$113,929
Form type
4
Filing time
21 Mar 2023, 14:45:44 UTC
Previous filing
09 Feb 2022
Next filing
05 Feb 2024
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 $126,000 +3,948 $31.92 3,948 15 Mar 2023 Direct F1, F2
transaction ACNB ACNB Corporation Common Tax liability $12,071 -378 -9.6% $31.92 3,570 15 Mar 2023 Direct F1, F3
* 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 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, 2023, with the next one-third (1/3) 100% vested as of January 1, 2024, and the final one-third (1/3) 100% vested as of January 1, 2025.
F3 This amount is in payment of the tax liability, by withholding of securities, on the first one-third (1/3) vested as of the Grant Date of March 15, 2023, in accordance with SEC Rule 16b-3.