(FMNB)

Role: SEVP/Chief Banking Officer
Signature: /s/ Annette Kushner, attorney in fact for Timothy Carney
Stock symbol: FMNB
Transactions as of: Dec 10, 2021
Transactions value $: -$35,736
Form type: 4
Date filed: 2/2/2022, 12:21 PM
Previous filing: Nov 9, 2021
Next filing: Feb 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FMNB	Farmers National Banc Corp. Common Stock	Sale	-$35.7K	-2K	-3.47%	$17.85	55.7K	Dec 10, 2021	By 401k	F1
holding	FMNB	Farmers National Banc Corp. Common Stock						61.6K	Dec 10, 2021	Direct

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

Explanation of Responses:

Id	Content
F1	Effective November 1, 2021, the Issuer acquired Cortland Bancorp ("Cortland") by merger (the "Merger"). Following the Merger, the Issuer merged Cortland's 401(k) Plan into the Issuer's 401(k) Plan (the "Plan Merger"). Prior to the Plan Merger, the Cortland 401(k) Plan included a self-directed brokerage account investment option, which is not available under the Issuer's 401(k) Plan. The Cortland 401(k) Plan notified individuals that all investments held in the self-directed brokerage account would be liquidated as part of the Plan Merger. In anticipation of that forced liquidation, the reporting person sold 2,002 shares of the Issuer's common stock that the reporting person had owned under the self-directed brokerage account under the Cortland 401(k) Plan. The price reported reflects the sale price per share of $17.85.

Content

Effective November 1, 2021, the Issuer acquired Cortland Bancorp ("Cortland") by merger (the "Merger"). Following the Merger, the Issuer merged Cortland's 401(k) Plan into the Issuer's 401(k) Plan (the "Plan Merger"). Prior to the Plan Merger, the Cortland 401(k) Plan included a self-directed brokerage account investment option, which is not available under the Issuer's 401(k) Plan. The Cortland 401(k) Plan notified individuals that all investments held in the self-directed brokerage account would be liquidated as part of the Plan Merger. In anticipation of that forced liquidation, the reporting person sold 2,002 shares of the Issuer's common stock that the reporting person had owned under the self-directed brokerage account under the Cortland 401(k) Plan. The price reported reflects the sale price per share of $17.85.