Joseph L. 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 Joseph L. DeNaples
Stock symbol
PFIS
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/1/2024, 06:09 PM
Previous filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFIS COMMON STOCK Award +51.3K 51.3K Jul 1, 2024 Direct F1
* 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.