James T. Huerth - Feb 24, 2023 Form 4 Insider Report for AMERISERV FINANCIAL INC /PA/ (ASRV)

Role
President & CEO - Trust Co.
Signature
Sharon M. Callihan - Attorney-in-Fact
Stock symbol
ASRV
Transactions as of
Feb 24, 2023
Transactions value $
$3,064
Form type
4
Date filed
2/27/2023, 12:16 PM
Previous filing
Nov 18, 2022
Next filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASRV Common Stock Options Exercise $20.6K +6.38K +36.48% $3.23 23.9K Feb 24, 2023 Direct

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 ASRV Stock Option (Right to Buy) Options Exercise -$17.6K -6.38K -50% $2.75 6.38K Feb 24, 2023 Common Stock 6.38K $3.23 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest in three equal annual installments beginning on 3/15/14 subject to acceleration or forfeiture in certain specified circumstances.