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

Role
EVP & CFO
Signature
Sharon M. Callihan - Attorney-in-Fact
Stock symbol
ASRV
Transactions as of
Nov 30, 2022
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 03:24 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASRV Common Stock Options Exercise $8.88K +3K +36.27% $2.96 11.3K Nov 30, 2022 Direct F1
transaction ASRV Common Stock Options Exercise $5.92K +2K +17.74% $2.96 13.3K Feb 10, 2023 Direct F1
transaction ASRV Common Stock Options Exercise $3.43K +1.06K +7.99% $3.23 14.3K Mar 6, 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 -$8.88K -3K -37.23% $2.96 5.06K Nov 30, 2022 Common Stock 3K $2.96 Direct F2
transaction ASRV Stock Option (Right to Buy) Options Exercise -$5.92K -2K -22.08% $2.96 7.06K Feb 10, 2023 Common Stock 2K $2.96 Direct F2
transaction ASRV Stock Option (Right to Buy) Options Exercise -$3.43K -1.06K -11.56% $3.23 8.12K Mar 6, 2023 Common Stock 1.06K $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.