William S. Lance - Aug 26, 2022 Form 4 Insider Report for NORWOOD FINANCIAL CORP (NWFL)

Role
EVP & CFO
Signature
/s/ William S. Lance
Stock symbol
NWFL
Transactions as of
Aug 26, 2022
Transactions value $
-$12,469
Form type
4
Date filed
8/30/2022, 01:27 PM
Previous filing
Aug 26, 2022
Next filing
Dec 15, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWFL Common Stock Options Exercise $15.6K +866 +11.41% $18.03 8.46K Aug 26, 2022 Direct
transaction NWFL Common Stock Sale -$22.7K -866 -10.24% $26.17 7.59K Aug 26, 2022 Direct
transaction NWFL Common Stock Options Exercise $12.3K +680 +8.96% $18.03 8.27K Aug 29, 2022 Direct
transaction NWFL Common Stock Sale -$17.7K -680 -8.22% $26.00 7.59K Aug 29, 2022 Direct
holding NWFL Common Stock 300 Aug 26, 2022 Restricted Stock Award F1
holding NWFL Common Stock 500 Aug 26, 2022 Restricted Stock Award F2
holding NWFL Common Stock 750 Aug 26, 2022 Restricted Stock Award F3
holding NWFL Common Stock 1K Aug 26, 2022 Restricted Stock Award F4
holding NWFL Common Stock 1.5K Aug 26, 2022 Restricted Stock Award F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NWFL Options-Right to Buy Options Exercise $0 -866 -22.81% $0.00 2.93K Aug 26, 2022 Common Stock 866 $18.03 Direct
transaction NWFL Options-Right to Buy Options Exercise $0 -680 -23.21% $0.00 2.25K Aug 29, 2022 Common Stock 680 $18.03 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award 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.
F2 Award 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.
F3 Award vests in five equal installments beginning on December 10, 2020 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F4 Award vests in five equal installments beginning on December 8, 2021 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
F5 Award vests in five equal installments beginning on December 14, 2022 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.