Form Type: 4

SEC EDGAR Link
Accession Number:0000715579-23-000026
Date:2023-03-15
Issuer: ACNB CORP (ACNB)
Original Submission Date:

Reporting Person:

GLASS LYNDA L
16 LINCOLN SQUARE
GETTYSBURG, PA 17325

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
ACNB CORPORATION COMMON 2023-03-15 A 3,572 a $31.92 12,644 direct
ACNB CORPORATION COMMON 2023-03-15 F 348 d $31.92 12,296 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the date of execution was determined in accordance with sec rule 16a-3(g)(2) and (g)(4).
f2 one-third (1/3) of this variable equity award, granted in the form of restricted stock under the acnb bank variable compensation plan and pursuant to the acnb corporation 2018 omnibus stock incentive plan, is 100% vested as of the grant date of march 15, 2023, with the next one-third (1/3) 100% vested as of january 1, 2024, and the final one-third (1/3) 100% vested as of january 1, 2025.
f3 this amount includes shares of common stock purchased for the same transaction date through the automatic reinvestment of dividends under the acnb corporation dividend reinvestment and stock purchase plan, which are exempt from the reporting requirements of section 16 of the securities exchange act of 1934.
f4 this amount is in payment of the tax liability, by withholding of securities, on the first one-third (1/3) vested as of the grant date of march 15, 2023, in accordance with sec rule 16b-3.
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