Donnelly James O - 10 May 2022 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role
President & CEO, Director
Signature
/s/ James O. Donnelly by William S. Lance POA
Issuer symbol
NWFL
Transactions as of
10 May 2022
Net transactions value
+$77,130
Form type
4
Filing time
11 May 2022, 15:51:11 UTC
Previous filing
10 May 2022
Next filing
16 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWFL Common Stock Award $77,130 +3,000 $25.71 3,000 10 May 2022 Restricted Stock Award F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award vests at a rate of 70% as of the one-year anniversary of the date of grant, and then at the rate of 10% annually thereafter until such stock award shares are fully earned.