Accession Number: | 0000715579-23-000026 |
Date: | 2023-03-15 |
Issuer: | ACNB CORP (ACNB) |
Original Submission Date: |
GLASS LYNDA L
16 LINCOLN SQUARE
GETTYSBURG, PA 17325
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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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 |
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 Exercisable | Expiration 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 |
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ID | footnote |
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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. |