SEC Form 4 · accession 0001209191-17-014295
CNB FINANCIAL CORP/PA · CCNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C Varischetti
Director
Period of report
Feb 24, 2017
Accepted (ET)
Feb 24, 2017 · 4:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000736772
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | Feb 24, 2017 | A | 1,090 | $25.92 | A | 2,154 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| phantom stockF2,F1 | — | holding | — | — | — | — | — | common stock | 1,891 | 1,891 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.
- F2The reporting person had a previously unreported balance of 1,891 shares acquired since 1/1/16 under the Company's deferred compensation plan.