Lewis J. Critelli - 12 Dec 2023 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
12 Dec 2023
Net transactions value
+$20,762
Form type
4
Filing time
14 Dec 2023, 14:01:19 UTC
Previous filing
29 Dec 2022
Next filing
23 Dec 2024
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 $20,762 +700 $29.66 700 12 Dec 2023 Restricted Stock Award F5
holding NWFL Common Stock 36,352 12 Dec 2023 Direct
holding NWFL Common Stock 30,216 12 Dec 2023 ESOP
holding NWFL Common Stock 500 12 Dec 2023 Restricted Stock Award F1
holding NWFL Common Stock 1,000 12 Dec 2023 Restricted Stock Award F2
holding NWFL Common Stock 3,600 12 Dec 2023 Restricted Stock Award F3
holding NWFL Common Stock 560 12 Dec 2023 Restricted Stock Award F4
* 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 10, 2020 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 8, 2021 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 May 10, 2023 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 13, 2023 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 12, 2024 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.