Cathy J. Loomis - Jul 1, 2024 Form 4 Insider Report for FNCB Bancorp, Inc. (FNCB)

Role
SVP/CREDIT ADMIN OFFICER
Signature
/s/ Stephanie A. Westington, CPA, as Attorney in Fact for Cathy J. Loomis
Stock symbol
FNCB
Transactions as of
Jul 1, 2024
Transactions value $
-$15,518
Form type
4
Date filed
7/1/2024, 05:31 PM
Previous filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNCB COMMON STOCK Tax liability -$15.5K -2.3K -7.03% $6.75 30.4K Jul 1, 2024 Direct F1, F2
transaction FNCB COMMON STOCK Disposed to Issuer -30.4K -100% 0 Jul 1, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Cathy J. Loomis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Common Stock forfeited by the Reporting Person to the Issuer for payment of tax liability by withholding shares of the Issuers' Common Stock incident to the vesting of shares of the Issuer's Common Stock issued in accordance with Rule 16b-3.
F2 This amount includes 292.5208 shares acquired in June 2024 by the Reporting Person pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan.
F3 The shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 27, 2023, by and between Peoples Financial Services Corp. ("Peoples") and FNCB Bancorp, Inc. ("FNCB"). Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each share of common stock, $1.25 par value, of FNCB was converted into the right to receive 0.1460 shares of common stock, $2.00 par value, of Peoples and cash in lieu of fractional shares.