Huerth James T. - 24 Feb 2023 Form 4 Insider Report for AMERISERV FINANCIAL INC /PA/ (ASRV)

Role
President & CEO - Trust Co.
Signature
Sharon M. Callihan - Attorney-in-Fact
Issuer symbol
ASRV
Transactions as of
24 Feb 2023
Net transactions value
+$3,064
Form type
4
Filing time
27 Feb 2023, 12:16:00 UTC
Previous filing
18 Nov 2022
Next filing
31 May 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 $20,620 +6,384 +36% $3.23 23,884 24 Feb 2023 Direct

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 Stock Option (Right to Buy) Options Exercise $17,556 -6,384 -50% $2.75 6,384 24 Feb 2023 Common Stock 6,384 $3.23 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest in three equal annual installments beginning on 3/15/14 subject to acceleration or forfeiture in certain specified circumstances.