Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 123

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 123
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,798 |     |       | 35,517 |
| Angela D. Wilcoxson |     |                | 15,642 |     |              | 17,250 |     |               |      — |     |                |   738 |     |          |  1,474 |     |              |  8,582 |     |       | 43,686 |
| Gregory M. Dixon    |     |                | 13,760 |     |              | 15,682 |     |               | 29,201 |     |                |   430 |     |          | 13,264 |     |              |  4,091 |     |       | 76,428 |

| * | NEOs are ineligible to receive profit-sharing contributions in the first year following their achievement of NEO status. Thus, Ms. Wilcoxson and Mr. Dixon will be ineligible for profit-sharing contributions for 2025. |

| ** | Contributions by CNB to the Nonqualified Defined Contribution Plan as outlined in the benefits section for Mr. Dixon. |

| *** | It is the policy of CNB to pay dues to certain service and social organizations for executive officers who choose to use such benefit. |

| (6) | In 2024, all NEOs received performance-based restricted stock awards. The amount reported for the value of the awards is based on the aggregate compensation cost to be recognized over the three-year service period based on the most probable outcome, in accordance with ASC Topic 718. The amount reported above represents the value of the award at the grant date assuming that the target level of performance conditions would be achieved. Performance restricted stock awards granted in 2024 may pay out up to 150% of the target award, which would have amounted to the grant date fair values listed as the maximum total grant date fair value for each NEO as follows: Mr. Peduzzi, $374,972; Mr. Lima, $124,962; Mr. Griffith, $124,962; Ms. Wilcoxson, $93,727; and Mr. Dixon, $93,727. CNB includes the assumptions used in the calculation of these amounts in the footnotes to its audited financial statements included in its respective Annual Reports on Form 10-K for the fiscal years ended December 31, 2024, 2023 and 2022. |

| (8) | Ms. Wilcoxson and Mr. Dixon each became an NEO for the