Joseph B. Bower Jr - Feb 7, 2022 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Role
President and CEO
Signature
/s/ Jessica A. Zupich, attorney-in-fact
Stock symbol
CCNE
Transactions as of
Feb 7, 2022
Transactions value $
-$55,397
Form type
4
Date filed
2/7/2022, 01:59 PM
Previous filing
Feb 1, 2022
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE common stock Tax liability -$55.4K -2.07K -3.03% $26.71 66.5K Feb 7, 2022 Direct
holding CCNE common stock 786 Feb 7, 2022 Son
holding CCNE Depositary Shares 4.36K Feb 7, 2022 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
holding CCNE phantom stock 9.33K Feb 7, 2022 common stock 9.33K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.
F2 Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.