SEC Form 4 · accession 0000713671-19-000024
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
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 11:49 am 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 | Feb 27, 2019 | A | 1,500 | $39.36 | A | 47,100 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the terms of the Restricted Stock Award Agreements between the Registrant and each grantee, the awards are 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 for certain officers, 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.