Lewis J. Critelli - 26 Aug 2022 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role
Director, Chairman of the Board
Signature
/s/Lewis J. Critelli by William S. Lance, Attorney-in-Fact
Issuer symbol
NWFL
Transactions as of
26 Aug 2022
Net transactions value
-$20,165
Form type
4
Filing time
30 Aug 2022, 14:06:58 UTC
Previous filing
26 Aug 2022
Next filing
06 Sep 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 Options Exercise $14,424 +800 +2.6% $18.03 31,854 26 Aug 2022 Direct
transaction NWFL Common Stock Sale $20,936 -800 -2.5% $26.17 31,054 26 Aug 2022 Direct
transaction NWFL Common Stock Options Exercise $30,885 +1,713 +5.5% $18.03 32,767 29 Aug 2022 Direct
transaction NWFL Common Stock Sale $44,538 -1,713 -5.2% $26.00 31,054 29 Aug 2022 Direct
holding NWFL Common Stock 29,214 26 Aug 2022 ESOP
holding NWFL Common Stock 600 26 Aug 2022 Restricted Stock Award F1
holding NWFL Common Stock 1,000 26 Aug 2022 Restricted Stock Award F2
holding NWFL Common Stock 1,500 26 Aug 2022 Restricted Stock Award F3
holding NWFL Common Stock 2,000 26 Aug 2022 Restricted Stock Award F4
holding NWFL Common Stock 4,500 26 Aug 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 -800 -8.6% $0.000000 8,546 26 Aug 2022 Common Stock 800 $18.03 Direct
transaction NWFL Options-Right to Buy Options Exercise $0 -1,713 -20% $0.000000 6,833 29 Aug 2022 Common Stock 1,713 $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.