SEC Form 4 · accession 0001567619-18-008437
NORWOOD FINANCIAL CORP · NWFL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth A Phillips
Director
Period of report
Dec 19, 2018
Accepted (ET)
Dec 20, 2018 · 3:45 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 19, 2018 | M | 75 | $17.33 | A | 10,006 | D | |
| Common Stock | Dec 20, 2018 | G | 75 | $0.00 | D | 9,931 | D | |
| Common StockF1 | holding | — | — | — | 105 | I | Restricted Stock Award | |
| Common StockF2 | holding | — | — | — | 180 | I | Restricted Stock Award | |
| Common StockF3 | holding | — | — | — | 315 | I | Restricted Stock Award | |
| Common StockF4 | holding | — | — | — | 40 | I | Restricted Stock Award | |
| Common StockF5 | holding | — | — | — | 700 | 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 | $17.33 | Dec 19, 2018 | M | 75 | D | Dec 31, 2010 | Dec 31, 2019 | Common Stock | 75 | 5,275 | D |
Explanation of responses
- 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.
- F5Award vests in five equal installments beginning on December 11, 2019 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.