Francis X. Straub III - 16 May 2023 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Role
Director
Signature
/a/ Jessica A. Zupich, Attorney-in-Fact
Issuer symbol
CCNE
Transactions as of
16 May 2023
Net transactions value
-$63,234
Form type
4
Filing time
18 May 2023, 12:06:00 UTC
Previous filing
11 May 2023
Next filing
09 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE Common Stock Sale $17,150 -1,000 -2.6% $17.15 37,954 16 May 2023 Direct
transaction CCNE Common Stock Sale $17,160 -1,000 -2.6% $17.16 36,954 16 May 2023 Direct
transaction CCNE Common Stock Sale $17,470 -1,000 -2.7% $17.47 35,954 17 May 2023 Direct
transaction CCNE Common Stock Sale $31,622 -1,807 -5% $17.50 34,147 17 May 2023 Direct
transaction CCNE Depositary Shares Purchase $6,000 +300 +3.3% $20.00 9,300 17 May 2023 Direct F1
transaction CCNE Depositary Shares Purchase $14,168 +700 +7.5% $20.24 10,000 17 May 2023 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 10,915 16 May 2023 Common Stock 10,915 Direct F2, F3
* 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.
F3 n/a