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

Role
Director
Signature
/a/ Jessica A. Zupich, Attorney-in-Fact
Stock symbol
CCNE
Transactions as of
May 16, 2023
Transactions value $
-$63,235
Form type
4
Date filed
5/18/2023, 12:06 PM
Previous filing
May 11, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE Common Stock Sale -$17.2K -1K -2.57% $17.15 38K May 16, 2023 Direct
transaction CCNE Common Stock Sale -$17.2K -1K -2.63% $17.16 37K May 16, 2023 Direct
transaction CCNE Common Stock Sale -$17.5K -1K -2.71% $17.47 36K May 17, 2023 Direct
transaction CCNE Common Stock Sale -$31.6K -1.81K -5.03% $17.50 34.1K May 17, 2023 Direct
transaction CCNE Depositary Shares Purchase $6K +300 +3.33% $20.00 9.3K May 17, 2023 Direct F1
transaction CCNE Depositary Shares Purchase $14.2K +700 +7.53% $20.24 10K May 17, 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 10.9K May 16, 2023 Common Stock 10.9K 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