Ralph Burchianti - 16 Feb 2023 Form 4 Insider Report for CB Financial Services, Inc. (CBFV)

Signature
/s/ Matthew Lawrence, pursuant to power of attorney
Issuer symbol
CBFV
Transactions as of
16 Feb 2023
Transactions value $
$0
Form type
4
Filing time
23 Feb 2023, 17:39:04 UTC
Previous filing
17 Feb 2022
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBFV Common Stock Award $0 +850 +1.2% $0 73,858 16 Feb 2023 Direct F1, F2, F3, F4, F5
holding CBFV Common Stock 2,200 16 Feb 2023 By Investment Club F8

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 CBFV Stock Options Award $0 +3,800 $0 3,800 16 Feb 2023 Common Stock 3,800 $22.01 Direct F7
holding CBFV Stock Options 5,200 16 Feb 2023 Common Stock 5,200 $26.25 Direct F6
holding CBFV Stock Options 3,280 16 Feb 2023 Common Stock 3,280 $30.75 Direct
holding CBFV Stock Options 2,810 16 Feb 2023 Common Stock 2,810 $26.45 Direct
holding CBFV Stock Options 2,500 16 Feb 2023 Common Stock 2,500 $22.25 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on December 14, 2021.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 14, 2020.
F3 Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 14, 2019.
F4 Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 16, 2023.
F5 Shares of restricted stock vest at a rate of 20% per year commencing on February 16, 2024.
F6 Stock options vest at a rate of 20% per year commencing on February 16, 2023.
F7 Stock options vest at a rate of 20% per year commencing on February 16, 2024.
F8 The investment club owns a total of 2,200 shares of the issuer's common stock. Mr. Burchianti has a 16.6% interest in the investment club and disclaims beneficial ownership with respect to 1,834 shares.