SEC Form 4 · accession 0000713671-16-000161
DNB FINANCIAL CORP /PA/ · DNBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Hieb
Officer — President and CEO · Director
Period of report
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 3:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000713671
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| DNBF Common Stock $1 Par ValueF1 | Nov 30, 2016 | A | 4,000 | $27.50 | A | 47,345 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the terms of Restricted Stock Award Agreements between the Registrant and grantee, the award is subject to cliff vesting on the earlier of a change in control of the Registrant (as defined in the award agreement) or the expiration of 3 years, but vesting is conditioned upon continued employment with the Registrant and/or DNB First, National Association (the "Bank") prior to the issuance of such plan shares.