Steven R. Shaffner Shilling - Feb 1, 2023 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Signature
/s/ Jessica A. Zupich, attorney-in-fact
Stock symbol
CCNE
Transactions as of
Feb 1, 2023
Transactions value $
$30,681
Form type
4
Date filed
2/1/2023, 02:28 PM
Previous filing
Sep 21, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE Common Stock Award $37.5K +1.55K +33.29% $24.12 6.22K Feb 1, 2023 Direct
transaction CCNE Common Stock Tax liability -$6.8K -282 -4.53% $24.12 5.94K Feb 1, 2023 Direct F1
holding CCNE Depositary Shares 400 Feb 1, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the Restricted Stock Award.
F2 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.