Andrew Forte - Nov 13, 2023 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role
Director
Signature
/s/Andrew Forte, by William S. Lance, Attorney-in-Fact
Stock symbol
NWFL
Transactions as of
Nov 13, 2023
Transactions value $
$13,448
Form type
4
Date filed
11/14/2023, 01:03 PM
Previous filing
Jul 11, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWFL Common Stock Options Exercise $13.4K +750 +10.49% $17.93 7.9K Nov 13, 2023 Direct
holding NWFL Common Stock 5.72K Nov 13, 2023 IRA
holding NWFL Common Stock 7.14K Nov 13, 2023 Forte, Inc.
holding NWFL Common Stock 140 Nov 13, 2023 Restricted Stock Award F1
holding NWFL Common Stock 280 Nov 13, 2023 Restricted Stock Award F2
holding NWFL Common Stock 420 Nov 13, 2023 Restricted Stock Award F3
holding NWFL Common Stock 160 Nov 13, 2023 Restricted Stock Award F4
holding NWFL Common Stock 700 Nov 13, 2023 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 Option-Right to Buy Options Exercise $0 -750 -36.59% $0.00 1.3K Nov 13, 2023 Common Stock 750 $17.93 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 11, 2019 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 10, 2020 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 8, 2021 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 14, 2022 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 13, 2023 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.