Michelle M. Karas - 15 Jul 2022 Form 4 Insider Report for PENNS WOODS BANCORP INC (PWOD)

Role: Chief Data Officer
Signature: /s/ Michelle M. Karas, Attorney in Fact
Issuer symbol: PWOD
Transactions as of: 15 Jul 2022
Net transactions value: +$46,692
Form type: 4
Filing time: 19 Jul 2022, 13:57:21 UTC
Previous filing: 01 Feb 2022
Next filing: 31 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PWOD	Penns Woods Bancorp, Inc. common stock						1,502	15 Jul 2022	Direct

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	PWOD	Employer Stock Options (Right to Buy)	Disposed to Issuer	$7,579	+2,250	+5.5%	$3.37^*	43,150	15 Jul 2022	Common Stock	2,250	$29.47	Direct	F1
transaction	PWOD	Employer Stock Options (Right to Buy)	Disposed to Issuer	$7,579	+2,250	+5.8%	$3.37^*	40,900	15 Jul 2022	Common Stock	2,250	$29.47	Direct	F1
transaction	PWOD	Employer Stock Options (Right to Buy)	Disposed to Issuer	$10,532	+3,300	+9.6%	$3.19^*	37,600	15 Jul 2022	Common Stock	3,300	$30.67	Direct	F1
transaction	PWOD	Employer Stock Options (Right to Buy)	Disposed to Issuer	$21,002	+6,600	+27%	$3.18^*	31,000	15 Jul 2022	Common Stock	6,600	$30.67	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option provided for vesting