Aron M. Carter - Jul 15, 2022 Form 4 Insider Report for PENNS WOODS BANCORP INC (PWOD)

Role: Senior Vice President
Signature: /s/ Michelle M. Karas, Attorney in Fact
Stock symbol: PWOD
Transactions as of: Jul 15, 2022
Transactions value $: $40,004
Form type: 4
Date filed: 7/19/2022, 01:54 PM
Previous filing: Feb 1, 2022
Next filing: Jan 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PWOD	Penns Woods Bancorp, Inc.						935	Jul 15, 2022	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	PWOD	Employer Stock Options (Right to Buy)	Disposed to Issuer	$7.58K	+2.25K	+5.58%	$3.37^*	42.6K	Jul 15, 2022	Common Stock	2.25K	$29.47	Direct	F1
transaction	PWOD	Employer Stock Options (Right to Buy)	Disposed to Issuer	$7.58K	+2.25K	+5.91%	$3.37^*	40.3K	Jul 15, 2022	Common Stock	2.25K	$29.47	Direct	F1
transaction	PWOD	Employer Stock Options (Right to Buy)	Disposed to Issuer	$8.62K	+2.7K	+7.74%	$3.19^*	37.6K	Jul 15, 2022	Common Stock	2.7K	$30.67	Direct	F1
transaction	PWOD	Employer Stock Options (Right to Buy)	Disposed to Issuer	$16.2K	+5.1K	+18.61%	$3.18^*	32.5K	Jul 15, 2022	Common Stock	5.1K	$30.67	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option provided for vesting.