4//SEC Filing
KABACK NEIL J 4
Accession 0001209191-21-062202
CIK 0000774569other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 4:45 PM ET
Size
5.1 KB
Accession
0001209191-21-062202
Insider Transaction Report
Form 4
KABACK NEIL J
Director
Transactions
- Disposition to Issuer
Cortland Bancorp Common Stock
2021-11-01−11,484.365→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated June 22, 2021 (the "Agreement"), by and among Cortland Bancorp ("Cortland"), Farmers National Banc Corp. ("Farmers") and FMNB Merger Subsidiary, IV, LLC ("FMNB"), pursuant to which Cortland merged with and into Farmers (the "Merger") on November 1, 2021 (the "Closing Date"). Pursuant to the Agreement, each share of Cortland common stock issued and outstanding immediately prior to the effective time of the Merger (the "Effective Time") (other than certain shares held by Cortland or Farmers) was converted into the right to receive 1.75 shares (the "Exchange Ratio") of Farmers common stock. The price of Farmers common stock on NASDAQ on the Closing Date was $18.95.
Documents
Issuer
CORTLAND BANCORP INC
CIK 0000774569
Entity typeother
Related Parties
1- filerCIK 0001281655
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 4:45 PM ET
- Size
- 5.1 KB