Form 4 for ORRF ORRSTOWN FINANCIAL SERVICES INC
Accepted 2024-07-03 00:00:00 ET · period of report 2024-07-01 · accession 0000826154-24-000157 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-07-03 | 2024-07-01 | ORRF | Brunner Brian D | Dir | A - Grant | $0.00 | +43.8K | 43.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Orrstown Financial Services, Inc, Common Stock | 2024-07-01 | A | A | 43,818 | $0.00 | 43,818 | D | — | — | (F2) On July 1, 2024, Codorus Valley Bancorp, Inc. (CVLY) merged with and into Orrstown Financial Services, Inc. (ORRF). Pursuant to the merger, each share of CVLY common stock held by the reporting person was converted into the right to receive 0.875 shares of ORRF common stock (the Exchange Ratio), with an amount in cash, without interest, to be paid in lieu of fractional shares at $25.40 per share. The closing price of ORRF common stock on June 28, 2024 was $27.36 per share. (F1) These shares consist of 8,013 shares held individually by the reporting person and the remainder held jointly with the reporting person's spouse. |