JOHN B. MASON - 01 Jan 2023 Form 4 Insider Report for EMCLAIRE FINANCIAL CORP (EMCF)

Role
Director
Signature
/s/ William C. Marsh, POA
Issuer symbol
EMCF
Transactions as of
01 Jan 2023
Transactions value $
$0
Form type
4
Filing time
03 Jan 2023, 08:01:15 UTC
Previous filing
13 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMCF Common Stock Disposed to Issuer -43.1K -100% 0 01 Jan 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

JOHN B. MASON is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to merger agreement among Issuer, Farmers National Bank Corp.("Farmers") and FMNB Merger Subsidiary V, LLC, a wholly owned subsidiary of Farmers, whereby each share of common stock of the Issuer was exchanged for either (i) 2.15 shares of common stock of Farmers or (ii) $40.00 in cash, at the election of the holder, subject to proration and allocation as set forth in the merger agreement.