SEC Form 4 · accession 0001140361-17-045026

NORWOOD FINANCIAL CORP · NWFL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman of the Board · Director

Period of report

Dec 5, 2017

Accepted (ET)

Dec 5, 2017 · 2:45 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001013272

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Dec 5, 2017	M	4,158	$16.67	A	43,827	D
Common Stock	Dec 5, 2017	M	825	$16.83	A	44,652	D
Common Stock	Dec 5, 2017	M	825	$16.65	A	45,477	D
Common Stock	Dec 5, 2017	M	825	$18.03	A	46,302	D
Common Stock	Dec 5, 2017	M	750	$17.93	A	47,052	D
Common Stock	Dec 5, 2017	S	7,383	$30.50	D	39,669	D
Common Stock	holding	—	—		—	6,930	I	Held in Trust
Common Stock^F1	holding	—	—		—	315	I	Restricted Stock Award
Common Stock^F2	holding	—	—		—	360	I	Restricted Stock Award
Common Stock^F3	holding	—	—		—	525	I	Restricted Stock Award

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Options Right to Buy	$16.67	Dec 5, 2017	M	4,158	D	Dec 31, 2009	Dec 31, 2018	Common Stock	4,158	3,225	D
Options Right to Buy	$16.83	Dec 5, 2017	M	825	D	Dec 31, 2011	Dec 31, 2020	Common Stock	825	2,400	D
Options Right to Buy	$16.65	Dec 5, 2017	M	825	D	Dec 31, 2012	Dec 31, 2021	Common Stock	825	1,575	D
Options Right to Buy	$18.03	Dec 5, 2017	M	825	D	Dec 31, 2013	Dec 31, 2022	Common Stock	825	750	D
Options Right to Buy	$17.93	Dec 5, 2017	M	750	D	Dec 31, 2014	Dec 31, 2023	Common Stock	750	0	D

F1Award vests in five equal installments beginning on December 9, 2015 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F2Award vests in five equal installments beginning on December 8, 2016 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F3Award vests in five equal installments beginning on December 13, 2017 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.