Gregory M. Dixon - 22 Feb 2023 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Role
EVP/Chief Credit Officer
Signature
/s/ Jessica A. Zupich, attorney in fact
Issuer symbol
CCNE
Transactions as of
22 Feb 2023
Net transactions value
+$8,321
Form type
4
Filing time
23 Feb 2023, 10:28:13 UTC
Previous filing
01 Feb 2023
Next filing
01 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE Common Stock Award $8,321 +345 +3.1% $24.12 11,422 23 Feb 2023 Direct F1
holding CCNE Depositary Shares 1,000 22 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, which provided for the conversion of performance units into a number of shares of common stock based on the Issuer's performance over a three year designated performance period.
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.