SEC Form 4 · accession 0001140361-17-046130
NORWOOD FINANCIAL CORP · NWFL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph W Adams
Director
Period of report
Dec 12, 2017
Accepted (ET)
Dec 14, 2017 · 9:39 am 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 StockF3 | Dec 12, 2017 | A | 50 | $32.81 | A | 50 | I | Restricted Stock Award |
| Common Stock | holding | — | — | — | 34,043 | D | ||
| Common Stock | holding | — | — | — | 10,870 | I | Spouse IRA | |
| Common StockF1 | holding | — | — | — | 270 | I | Restricted Stock Award | |
| Common StockF2 | holding | — | — | — | 420 | I | Restricted Stock Award |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options Right-to-Buy | $32.81 | Dec 12, 2017 | A | 1,000 | A | Dec 12, 2018 | Dec 12, 2027 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Award 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.
- F2Award 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.
- F3Award vests in five equal installments beginning on December 12, 2018 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.