Company: ASRV
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022675
Chunk: 47

Company: AMERISERV FINANCIAL INC /PA/
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 47
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 $519,383 |
| 2022 |     |           $398,758 |     | $—                |     |         $4,956 |     |              $403,714 |

| (a) | The grant date fair value of equity awards represents the total of the amounts reported in the “Option Awards” columns in the Summary Compensation Table for the applicable year. |

| (b) | The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) an amount equal to the change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, an amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows: |

| Year 
 2024 |     | Year End      
 Fair Value of 
 Outstanding   
 and Unvested  
 Equity        
 Awards        
 Granted in    
 the Year      
 $—            |     |     Year over 
   Year Change 
 in Fair Value 
            of 
   Outstanding 
  and Unvested 
        Equity 
        Awards 
    Granted in 
   Prior Years 
            $— |     | Fair Value as 
 of Vesting    
 Date of       
 Equity        
 Awards        
 Granted and   
 Vested in the 
 Year          
 $—            |     |      Year over