Louis A. Denaples - Jul 1, 2024 Form 4 Insider Report for PEOPLES FINANCIAL SERVICES CORP. (PFIS)

Role: Director
Signature: /s/ Stephanie A. Westington, as Attorney-in-Fact for Louis A. DeNaples
Stock symbol: PFIS
Transactions as of: Jul 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/1/2024, 06:08 PM
Previous filing: Jun 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	PFIS	COMMON STOCK	Award	+321K	+5451.06%	327K	Jul 1, 2024	Direct	F1
transaction	PFIS	COMMON STOCK	Award	+2.79K		2.79K	Jul 1, 2024	By Spouse	F1
transaction	PFIS	COMMON STOCK	Award	+356		356	Jul 1, 2024	By DeNaples Equipment Company	F1, F2
holding	PFIS	COMMON STOCK				6.41K	Jul 1, 2024	Family Partnership	F2

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

Explanation of Responses:

Id	Content
F1	Pursuant to the terms of 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"), on July 1, 2024 (the "Closing Date") FNCB merged with and into Peoples (the "Merger"), with Peoples continuing as the surviving company of the Merger. Pursuant to the Merger Agreement, on the Closing Date each share of FNCB common stock held by the reporting person was converted into the right to receive 0.1460 of a share of common stock of Peoples rounded down to the nearest whole number of shares.
F2	To the extent permitted under applicable law, the Reporting Person disclaims beneficial ownership of the shares held by such entity.

Content

Pursuant to the terms of 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"), on July 1, 2024 (the "Closing Date") FNCB merged with and into Peoples (the "Merger"), with Peoples continuing as the surviving company of the Merger. Pursuant to the Merger Agreement, on the Closing Date each share of FNCB common stock held by the reporting person was converted into the right to receive 0.1460 of a share of common stock of Peoples rounded down to the nearest whole number of shares.

To the extent permitted under applicable law, the Reporting Person disclaims beneficial ownership of the shares held by such entity.