Peter C. Varischetti - Feb 1, 2023 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Role
Director
Signature
/s/ Jessica A. Zupich, attorney-in-fact
Stock symbol
CCNE
Transactions as of
Feb 1, 2023
Transactions value $
$34,998
Form type
4
Date filed
2/1/2023, 03:54 PM
Previous filing
Sep 21, 2022
Next filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE Common Stock Award $35K +1.45K +9.39% $24.12 16.9K Feb 1, 2023 Direct F1
holding CCNE Depositary Shares 3K Feb 1, 2023 Direct F2
holding CCNE Depositary Shares 3K Feb 1, 2023 Spouse F2

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 5.32K Feb 1, 2023 Common Stock 5.32K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Accumulated shares through Dividend Reinvestment
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.
F3 Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
F4 n/a