JEFFREY A. STOPKO - 27 Jan 2023 Form 4 Insider Report for AMERISERV FINANCIAL INC /PA/ (ASRV)

Role: President & CEO ASRV & Bank
Signature: Sharon M. Callihan - Attorney-in-Fact
Issuer symbol: ASRV
Transactions as of: 27 Jan 2023
Net transactions value: +$14,583
Form type: 4
Filing time: 27 Jan 2023, 10:24:29 UTC
Previous filing: 01 Feb 2023
Next filing: 06 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASRV	Common Stock	Options Exercise	$14,583	+4,515	+4.3%	$3.23	110,299	27 Jan 2023	Direct	F1

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	ASRV	Common Stock (Right to Buy)	Options Exercise	$0	-4,515	-14%	$0.000000	26,918	27 Jan 2023	Common Stock	4,515	$3.23	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	49,680 shares are held jointly with Mr. Stopko's wife.
F2	The options vest in three equal annual installments beginning on 3/15/14 subject to acceleration or forfeiture in certain specified circumstances.