<SEC-DOCUMENT>0001437749-20-014631.txt : 20200706
<SEC-HEADER>0001437749-20-014631.hdr.sgml : 20200706
<ACCEPTANCE-DATETIME>20200706100537
ACCESSION NUMBER:		0001437749-20-014631
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200701
FILED AS OF DATE:		20200706
DATE AS OF CHANGE:		20200706

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Loughery Robert G
		CENTRAL INDEX KEY:			0001815916

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16084
		FILM NUMBER:		201012390

	MAIL ADDRESS:	
		STREET 1:		1128 SLOTTER ROAD
		CITY:			PERKASIE
		STATE:			PA
		ZIP:			18944

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CITIZENS & NORTHERN CORP
		CENTRAL INDEX KEY:			0000810958
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				232451943
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		90-92 MAIN ST
		CITY:			WELLSBORO
		STATE:			PA
		ZIP:			16901
		BUSINESS PHONE:		877-838-2517

	MAIL ADDRESS:	
		STREET 1:		90-92 MAIN ST
		CITY:			WELLSBORO
		STATE:			PA
		ZIP:			16901
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>ROBERT LOUGHERY
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-07-01</periodOfReport>

    <issuer>
        <issuerCik>0000810958</issuerCik>
        <issuerName>CITIZENS &amp; NORTHERN CORP</issuerName>
        <issuerTradingSymbol>CZNC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001815916</rptOwnerCik>
            <rptOwnerName>Loughery Robert G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1128 SLOTTER ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PERKASIE</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>18944</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2020-07-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>621</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>621</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On July 1, 2020, pursuant to the Agreement and Plan of Merger, dated as of December 18, 2019 (the &quot;Merger Agreement&quot;), by and between Citizens &amp; Northern Corporation (&quot;C&amp;N&quot;) and Covenant Financial, Inc. (&quot;Covenant&quot;), Covenant merged with and into C&amp;N (the &quot;Merger&quot;), with C&amp;N continuing as the surviving entity.  At the effective time of the Merger (the &quot;Effective Time&quot;), each share of Covenant common stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive either $16.50 in cash without interest or 0.6212 shares of C&amp;N common stock (the &quot;Stock Consideration&quot;), together with cash in lieu of fractional shares of C&amp;N common stock.  Shares listed in column 4 represent the Stock Consideration that the reporting person became entitled to receive at the Effective Time.  The closing price of C&amp;N's common stock was $19.90 per share on July 1, 2020.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Amy B Wherley POA for Robert G Loughery, 6/17/20</signatureName>
        <signatureDate>2020-07-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
