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

Role
EVP/Chief Credit Officer
Signature
/s/ Jessica A. Zupich, attorney in fact
Stock symbol
CCNE
Transactions as of
Feb 22, 2023
Transactions value $
$8,321
Form type
4
Date filed
2/23/2023, 10:28 AM
Previous filing
Feb 1, 2023
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 $8.32K +345 +3.11% $24.12 11.4K Feb 23, 2023 Direct F1
holding CCNE Depositary Shares 1K Feb 22, 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.