SEC Form 4 · accession 0001140361-18-024180

NORWOOD FINANCIAL CORP · NWFL

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

Reporting owner

Officer — EVP/Chief Operating Officer

Period of report

May 16, 2018

Accepted (ET)

May 16, 2018 · 3:43 pm EDT

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	May 16, 2018	M	800	$17.93	A	5,911	D
Common Stock	May 16, 2018	S	800	$31.00	D	5,111	D
Common Stock^F1	holding	—	—		—	600	I	Restricted Stock Award
Common Stock^F2	holding	—	—		—	675	I	Restricted Stock Award
Common Stock^F3	holding	—	—		—	1,200	I	Restricted Stock Award
Common Stock^F4	holding	—	—		—	1,500	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)	$17.93	May 16, 2018	M	800	D	Dec 31, 2014	Dec 31, 2023	Common Stock	800	1,900	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.
F4Award 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.