Mark A. Freemer - Jan 1, 2023 Form 4 Insider Report for EMCLAIRE FINANCIAL CORP (EMCF)

Role: Director
Signature: /s/ William C. Marsh, POA
Stock symbol: EMCF
Transactions as of: Jan 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/3/2023, 08:02 AM
Previous filing: Dec 13, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EMCF	Common Stock	Disposed to Issuer		-26.6K	-100%		0	Jan 1, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark A. Freemer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to merger agreement among Issuer, Farmers National Bank Corp.("Farmers") and FMNB Merger Subsidiary V, LLC, a wholly owned subsidiary of Farmers, whereby each share of common stock of the Issuer was exchanged for either (i) 2.15 shares of common stock of Farmers or (ii) $40.00 in cash, at the election of the holder, subject to proration and allocation as set forth in the merger agreement.

Content

Disposed of pursuant to merger agreement among Issuer, Farmers National Bank Corp.("Farmers") and FMNB Merger Subsidiary V, LLC, a wholly owned subsidiary of Farmers, whereby each share of common stock of the Issuer was exchanged for either (i) 2.15 shares of common stock of Farmers or (ii) $40.00 in cash, at the election of the holder, subject to proration and allocation as set forth in the merger agreement.