UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting
Person
EILEEN KNOTT
182 HUNTING HILL ROAD
MEDIA, PA 19063
2. Issuer Name and Ticker or Trading Symbol
DNB FINANCIAL CORPORATION
DNBF
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
4. Statement for Month/Day/Year
September 9, 2002
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
SVP/Audit
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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2A
Deemed 6
2 Execu- 4 5 Owner-
Trans- tion Security Acquired (A) or Amount of ship
action action Disposed of (D) Securities Form: 7
Date Date --------------------------- Beneficially Direct Nature of
(Month/ (Month/ 3 (A) Owned Follow- (D) or Indirect
1 Day/ Day/ Transaction or Price ing Reported Indirect Beneficial
Title of Security Year) Year) Code Amount (D) Transaction(s) (I) Ownership-
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Common Stock- DNBF 9/5/02 M 1,225 A $ 8.08
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Common Stock- DNBF 9/5/02 M 804 A $10.26
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Common Stock- DNBF 9/5/02 M 2,469 A $10.91
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Common Stock- DNBF 9/5/02 S 2,038 D $22.12 5,501 D
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
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9 10
2 Number of Owner-
Conver- 6 Deriv- ship
sion Date ative of
or 3A 5 Exercisable and 7 Secur- Deriv- 11
Exer- Deemed Number of Expiration Date Title and Amount of ities ative Nature
cise 3 Execu- Derivative (Month/Day/Year) Underlying Securities 8 Bene- Secur- of
Price Trans- tion Securities ---------------- ----------------------- Price ficially ity: In-
1 of action action Acquired (A) Amount of Owned Direct direct
Title Deriv- Date Date 4 or Disposed or Deriv- Following (D) or Bene-
of ative (Month/ Month/ Trans- of (D) Date Expirat- Number ative Reported In- ficial
Derivative Secur- Day/ Day/ action ------------ Exer- tion of Secur- Trans- direct Owner-
Security ity Year) Year) Code (A) (D) cisable Date Title Shares ity action(s) (I) ship
--------------- ------- -------- ------ ------ --- ------- -------- ------- ------------- --------- ------ --------- ----- ------
Stock Option $ 8.08 9/5/02 M 12/31/95 6/30/05 DNB Fin.Corp. 1,225 0
Dated 6/30/95 Common Stock
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Stock Option $10.26 9/5/02 M 10/24/96 4/24/06 DNB Fin.Corp. 804 0
Dated 4/24/96 Common Stock
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Stock Option $10.91 9/5/02 M 12/31/96 6/30/06 DNB Fin.Corp. 2,469 212
Dated 6/30/96 Common Stock
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Explanation of Responses:
Signature of Reporting Person
/s/ Bruce E. Moroney for Eileen Knott
DATE
September 9, 2002