Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ORRF | Orrstown Financial Services, Inc, Common Stock | Award | $0 | +10.4K | $0.00 | 10.4K | Jul 1, 2024 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Includes 4,375 shares owned jointly with the reporting persons spouse |
F2 | On July 1, 2024, Codorus Valley Bancorp, Inc. (CVLY) merged with and into Orrstown Financial Services, Inc. (ORRF). Pursuant to the merger, each share of CVLY common stock held by the reporting person was converted into the right to receive 0.875 shares of ORRF common stock (the Exchange Ratio), with an amount in cash, without interest, to be paid in lieu of fractional shares at $25.40 per share. The closing price of ORRF common stock on June 28, 2024 was $27.36 per share. |