Lewis J. Critelli - Aug 24, 2022 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Signature
/s/Lewis J. Critelli by William S. Lance, Attorney-in-Fact
Stock symbol
NWFL
Transactions as of
Aug 24, 2022
Transactions value $
-$7,404
Form type
4
Date filed
8/26/2022, 05:10 PM
Previous filing
May 11, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWFL Common Stock Options Exercise $14.9K +829 +2.67% $18.03 31.9K Aug 24, 2022 Direct
transaction NWFL Common Stock Sale -$21.6K -829 -2.6% $26.00 31.1K Aug 24, 2022 Direct
transaction NWFL Common Stock Options Exercise $1.8K +100 +0.32% $18.03 31.2K Aug 25, 2022 Direct
transaction NWFL Common Stock Sale -$2.6K -100 -0.32% $26.00 31.1K Aug 25, 2022 Direct
holding NWFL Common Stock 29.2K Aug 24, 2022 ESOP
holding NWFL Common Stock 600 Aug 24, 2022 Restricted Stock Award F1
holding NWFL Common Stock 1K Aug 24, 2022 Restricted Stock Award F2
holding NWFL Common Stock 1.5K Aug 24, 2022 Restricted Stock Award F3
holding NWFL Common Stock 2K Aug 24, 2022 Restricted Stock Award F4
holding NWFL Common Stock 4.5K Aug 24, 2022 Restricted Stock Award F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NWFL Options-Right to Buy Options Exercise $0 -829 -8.07% $0.00 9.45K Aug 24, 2022 Common Stock 829 $18.03 Direct
transaction NWFL Options-Right to Buy Options Exercise $0 -100 -1.06% $0.00 9.35K Aug 25, 2022 Common Stock 100 $18.03 Direct
* 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 May 10, 2023 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.