UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ___4___)*
Farmers National Banc Corp.
(Name of Issuer)
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Common Shares
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(Title of Class of Securities)
309627107
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(CUSIP Number)
Frederick DiSanto
C/O Ancora Advisors, LLC
6060 Parkland Boulevard, Suite 200
Cleveland, OH 44124
(216) 825-4000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 24, 2016
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of SS.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See S.240.13d-7 for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 309627107 13D Page 2 of 4 Pages
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1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
ANCORA ADVISORS, LLC
33-1033773
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS (see instructions)
00
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF NEVADA, UNITED STATES OF AMERICA
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7. SOLE VOTING POWER
1,208,201.74
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8. SHARED VOTING POWER
NUMBER OF
SHARES 00,000
BENEFICIALLY -------------------------------------------------------------
OWNED BY EACH 9. SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 1,208,201.74
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10. SHARED DISPOSITIVE POWER
00,000
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,208,201.74
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.49%
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14. TYPE OF REPORTING PERSON (see instructions)
IA
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CUSIP No. 309627107 13D Page 2 of 4 Pages
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1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
FREDERICK DISANTO
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS (see instructions)
00
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
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7. SOLE VOTING POWER
41,500
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8. SHARED VOTING POWER
NUMBER OF
SHARES 00,000
BENEFICIALLY -------------------------------------------------------------
OWNED BY EACH 9. SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 41,500
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10. SHARED DISPOSITIVE POWER
00,000
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
41,500
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.15%
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14. TYPE OF REPORTING PERSON (see instructions)
IN
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CUSIP No. 309627107 13D Page 3 of 4 Pages
Item 1. Security and Issuer.
This statement relates to the shares of Common Stock of Farmers National Banc
Corp. The address of the issuer is 20 South Broad Street, Canfield, OH 44406.
Item 2. Identity and Background.
This statement is filed on behalf of Ancora Advisors LLC. Ancora Advisors LLC is
registered as an investment advisor with the SEC under the Investment Advisors
Act, as amended. Ancora Advisors LLC is the investment advisor to the Ancora
Trust, which includes the Ancora Income Fund, Ancora Equity Fund, Ancora Special
Opportunity Fund, Ancora/Thelen Small-Mid Cap Fund, and Ancora MicroCap Fund
(Ancora Family of Mutual Funds), which are registered with the SEC as investment
companies under the Investment Company Act, as amended.
Ancora Advisors LLC has the power to dispose of the shares owned by the
investment clients for which it acts as advisor, including Merlin Partners, the
AAMAF LP, Birchwald Partners LP, Ancora Catalyst Fund LP, Pondfield LP and the
Ancora Greater China Fund LP for which it is also the General Partner, and the
Ancora Family of Mutual Funds. Ancora Advisors disclaims beneficial ownership of
such shares, except to the extent of its pecuniary interest therein.
During the last five years the Reporting Person has not been convicted in a
criminal proceeding, nor been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction, as a result of which he was or is
subject to a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or finding any violation with respect to such laws.
Item 3. Source or Amount of Funds or Other Consideration.
Ancora Advisors owns no Shares directly but Ancora Advisors may be deemed to own
(within the meaning of Rule 13(d)(3) of the Securities Exchange Act of 1934)
Shares purchased for or transferred to the accounts of investment management
clients. Ancora Advisors disclaims beneficial ownership of such shares, except
to the extent of its pecuniary interest therein.
Merlin Partners, AAMAF LP, Birchwald Partners LP, Ancora Catalyst Fund LP,
Pondfield LP, Ancora Greater China Fund LP, Ancora Family of Mutual Funds,
Employees of Ancora Advisors LLC and Owners of Ancora Advisors LLC. have used
available and uncommitted cash to purchase shares of the Issuer.
Item 4. Purpose of Transaction.
Transaction done in the ordinary course of business has reduced our holdings to
less than %5.
Item 5. Interest in Securities of the Issuer.
Set forth below, Ancora Advisors LLC, in the aggregate, are the number of Shares
which may be deemed to be beneficially owned as of June 24, 2016 and the
percentage of the Shares outstanding represented by such
ownership (based on 26,924,384 shares outstanding as of April 30, 2016):
NAME NO. OF SHARES PERCENT OF CLASS
---- ------------- ----------------
Ancora Owners/Employees (1) 53,838 0.20%
Ancora Funds & Partnerships (2) 616,382 2.29%
Ancora Advisors SMA (3) 591,819.74 2.20%
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TOTAL 1,262,039.74 4.69%
(1) These Shares are owned by the owners and employees of Ancora Advisors LLC.
(2) These Shares are owned by the Ancora Family of Mutual Funds and/or
Investment Partnerships, including Merlin Partners, the AAMAF LP,
Birchwald Partners LP, Ancora Catalyst Fund LP, Pondfield LP and the
Ancora Greater China Fund LP for which it is also the General Partner, of
which Ancora Advisors acts as the discretionary portfolio manager.
(3) These Shares are owned by investment clients of Ancora Advisors.
Ancora Advisors does not own these shares directly, but by virtue of
Ancora Advisors Investment Management Agreement with the investment
clients of Ancora Advisors, each may be deemed to beneficially own Shares
by reason of their power to dispose of such Shares. Ancora Advisors
disclaims beneficial ownership of such Shares.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
Other than as described herein, there are no contracts, arrangements,
understandings or relationships among the Reporting Persons, or between the
Reporting Persons and any other person, with respect to the securities of the
Issuer.
Item 7. Material to Be Filed as Exhibits.
Exhibit A: "Relevant Transactions in Shares" in the past 60 days.
Date of Transaction Buy/Sell Amount of Securities Price Per Share
4/26/2016 Sell 20,000 $9.20
4/27/2016 Sell 5,508 $9.21
4/28/2016 Sell 4,900 $9.26
4/29/2016 Sell 7,273 $9.31
5/2/2016 Sell 23,000 $9.36
5/3/2016 Sell 23,957 $9.32
5/4/2016 Sell 31,563 $9.34
5/5/2016 Sell 20,000 $9.37
5/6/2016 Sell 11,176 $9.33
5/9/2016 Sell 9,803 $9.33
5/10/2016 Sell 19,016 $9.38
5/11/2016 Sell 6,232 $9.34
5/12/2016 Sell 1,900 $9.35
5/19/2016 Sell 20,396 $9.16
5/20/2016 Sell 16,165 $9.16
5/23/2016 Sell 15,415 $9.19
5/24/2016 Sell 6,335 $9.21
5/25/2016 Sell 10,000 $9.18
6/24/2016 Sell 242,709 $8.82
6/27/2016 Sell 35,722 $8.91
6/28/2016 Sell 18,490 $8.91
CUSIP No. 309627107 13D Page 4 of 4 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
ANCORA ADVISORS, LLC
/s/ Frederick DiSanto
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Chief Executive Officer
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June 29, 2016
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