SEC Form 4 · accession 0001567619-18-005008

NORWOOD FINANCIAL CORP · NWFL

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

Reporting owner

Officer — President & CEO · Director

Period of report

Oct 31, 2018

Accepted (ET)

Nov 2, 2018 · 4:09 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	Oct 31, 2018	M	452	$16.67	A	19,003	D
Common Stock	Oct 31, 2018	S	452	$38.00	D	18,551	D
Common Stock	Nov 1, 2018	M	1,603	$16.67	A	20,154	D
Common Stock	Nov 1, 2018	S	1,603	$38.56	D	18,551	D
Common Stock	Nov 2, 2018	M	2,070	$16.67	A	20,621	D
Common Stock	Nov 2, 2018	S	2,070	$37.85	D	18,551	D
Common Stock	holding	—	—		—	25,653	I	ESOP
Common Stock^F1	holding	—	—		—	1,500	I	Restricted Stock Award
Common Stock^F2	holding	—	—		—	1,125	I	Restricted Stock Award
Common Stock^F3	holding	—	—		—	2,400	I	Restricted Stock Award
Common Stock^F4	holding	—	—		—	3,000	I	Restricted Stock Awad

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Options right-to-buy	$16.67	Oct 31, 2018	M	452	D	Dec 31, 2009	Dec 31, 2018	Common Stock	452	30,448	D
Options right-to-buy	$16.67	Nov 1, 2018	M	1,603	D	Dec 31, 2009	Dec 31, 2018	Common Stock	1,603	28,845	D
Options right-to-buy	$16.67	Nov 2, 2018	M	2,070	D	Dec 31, 2009	Dec 31, 2018	Common Stock	2,070	26,775	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.