Donnelly James O - 09 Aug 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
09 Aug 2022
Net transactions value
+$9,984
Form type
4
Filing time
09 Aug 2022, 16:05:28 UTC
Previous filing
16 May 2022
Next filing
15 Dec 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 Purchase $9,984 +400 +114% $24.96 750 09 Aug 2022 Direct
holding NWFL Common Stock 3,000 09 Aug 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.