Peter C. Varischetti - 01 Feb 2022 Form 4 Insider Report for CNB FINANCIAL CORP/PA (CCNE)

Role
Director
Signature
/s/ Jessica A. Zupich, attorney-in-fact
Issuer symbol
CCNE
Transactions as of
01 Feb 2022
Net transactions value
+$34,990
Form type
4
Filing time
02 Feb 2022, 12:27:44 UTC
Next filing
21 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCNE common stock Award $34,990 +1,310 +11% $26.71 13,066 01 Feb 2022 Direct F1
holding CCNE Depositary Shares 3,000 01 Feb 2022 Direct F2
holding CCNE Depositary Shares 3,000 01 Feb 2022 Spouse F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CCNE Phantom Stock 5,172 01 Feb 2022 common stock 5,172 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Accumulated shares through Dividend Reinvestment
F2 Each Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.
F3 Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
F4 Accumulated shares through Director Deferred Compensation plan