Thomas L. Rudy Jr. - 31 Jan 2023 Form 4 Insider Report for CITIZENS & NORTHERN CORP (CZNC)

Role
EXEC. VP
Signature
/s/ Amy S Bowser for Thomas L Rudy, Jr,, 7/22/22, Attorney-in-Fact
Issuer symbol
CZNC
Transactions as of
31 Jan 2023
Net transactions value
+$27,938
Form type
4
Filing time
02 Feb 2023, 15:38:52 UTC
Previous filing
01 Feb 2023
Next filing
23 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CZNC Common Stock Disposed to Issuer $0 -936 -2.8% $0.000000 32,400 31 Jan 2023 Direct F1
transaction CZNC Common Stock Tax liability $2,761 -117 -0.36% $23.60 32,283 31 Jan 2023 Direct F2
transaction CZNC Common Stock Tax liability $3,988 -169 -0.52% $23.60 32,114 31 Jan 2023 Direct F2
transaction CZNC Common Stock Tax liability $3,398 -144 -0.45% $23.60 31,970 31 Jan 2023 Direct F2
transaction CZNC Common Stock Award $19,054 +816 +2.6% $23.35 32,786 31 Jan 2023 Direct F3
transaction CZNC Common Stock Award $19,030 +815 +2.5% $23.35 33,601 31 Jan 2023 Direct F4
holding CZNC Common Stock 11,104 31 Jan 2023 By ESOP
holding CZNC Common Stock 18 31 Jan 2023 By Child
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Forfeiture of restricted shares granted 1/29/21 and 1/31/22 that were eligible to vest in January 2023, based on the Corporation's attainment of an earnings-based performance standard.
F2 Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
F3 Award of Time Based Restricted Stock.
F4 Award of Performance Based Restricted Stock.