Michael D. Lynch - 30 Nov 2022 Form 4 Insider Report for AMERISERV FINANCIAL INC /PA/ (ASRV)

Role
EVP & CFO
Signature
Sharon M. Callihan - Attorney-in-Fact
Issuer symbol
ASRV
Transactions as of
30 Nov 2022
Net transactions value
$0
Form type
4
Filing time
06 Mar 2023, 15:24:52 UTC
Next filing
18 Aug 2025
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 $8,880 +3,000 +36% $2.96 11,271 30 Nov 2022 Direct F1
transaction ASRV Common Stock Options Exercise $5,920 +2,000 +18% $2.96 13,271 10 Feb 2023 Direct F1
transaction ASRV Common Stock Options Exercise $3,427 +1,061 +8% $3.23 14,332 06 Mar 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 Stock Option (Right to Buy) Options Exercise $8,880 -3,000 -37% $2.96 5,058 30 Nov 2022 Common Stock 3,000 $2.96 Direct F2
transaction ASRV Stock Option (Right to Buy) Options Exercise $5,920 -2,000 -22% $2.96 7,058 10 Feb 2023 Common Stock 2,000 $2.96 Direct F2
transaction ASRV Stock Option (Right to Buy) Options Exercise $3,427 -1,061 -12% $3.23 8,119 06 Mar 2023 Common Stock 1,061 $3.23 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common shares are held jointly with Mr. Lynch's wife.
F2 The options vest in three equal annual installments beginning on March 19, 2016, subject to acceleration or forfeiture in certain specified circumstances.
F3 The options vest in three equal annual installments beginning on March 15, 2014, subject to acceleration or forfeiture in certain specified circumstances.