John F. Carmody - Dec 27, 2021 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role
EVP & Chief Credit Officer
Signature
/s/John F. Carmody, by William S. Lance, Attorney-in-Fact
Stock symbol
NWFL
Transactions as of
Dec 27, 2021
Transactions value $
-$9,794
Form type
4
Date filed
12/28/2021, 02:40 PM
Previous filing
Dec 16, 2021
Next filing
Dec 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWFL Common Stock Tax liability -$9.79K -378 -6.2% $25.91 5.71K Dec 27, 2021 Direct
holding NWFL Common Stock 9.77K Dec 27, 2021 ESOP
holding NWFL Common Stock 300 Dec 27, 2021 Restricted Stock Award F1
holding NWFL Common Stock 500 Dec 27, 2021 Restricted Stock Award F2
holding NWFL Common Stock 750 Dec 27, 2021 Restricted Stock Award F3
holding NWFL Common Stock 1K Dec 27, 2021 Restricted Stock Award F4
holding NWFL Common Stock 1.5K Dec 27, 2021 Restricted Stock Award F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award vests in five equal installments beginning on December 12, 2018 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F2 Award vests in five equal installments beginning on December 11, 2019 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F3 Award vests in five equal installments beginning on December 10, 2020 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F4 Award vests in five equal installments beginning on December 8, 2021 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F5 Award vests in five equal installments beginning on December 14, 2022 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.

Remarks:

*Tax withholding of a portion of a prior award upon vesting.