Filing Details

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SCHEDULE 13G

CUSIP No. 74726N107

1)Name of Reporting Person 

Mark T. Lynch

2)Check the Appropriate Box if a Member of a Group 

(a)  [   ]

(b)  [   ]

3)SEC Use Only 

4)Citizenship or Place of Organization 

United States

Number of Shares Beneficially Owned by Each Reporting Person With:

5)	Sole Voting Power:	208,113
6)	Shared Voting Power:	0
7)	Sole Dispositive Power:	208,113
8)	Shared Dispositive Power:	0

9)Aggregate Amount Beneficially Owned by Each Reporting Person 

208,113

10)Check if the Aggregate Amount in Row (9) Excludes Certain Shares [   ] 

11)Percent of Class Represented by Amount in Row (9) 

5.9%

12)Type of Reporting Person 

IN

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SCHEDULE 13G

CUSIP No. 74726N107

ITEM 1(a).Name of Issuer. 

QNB CORP.

ITEM 1(b).Address of Issuer’s Principal Executive Offices. 

15 North Third Street, P.O. Box 9005

Quakertown, PA 18951-9005

 

ITEM 2(a).Names of Persons Filing. 

Mark T. Lynch

ITEM 2(b).Address of Principal Business Office or, if none, Residence: 

2900 Wayland Road

Berwyn, PA 19312

ITEM 2(c).Citizenship. 

United States

ITEM 2(d).Title of Class of Securities. 

Common Stock

ITEM 2(e).CUSIP Number. 

74726N107

ITEM 3.If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: 

	(a)	[   ]	Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
	(b)	[   ]	Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
	(c)	[   ]	Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
	(d)	[   ]	Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
	(e)	[   ]	An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);
	(f)	[   ]	An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F);
	(g)	[   ]	A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);
	(h)	[   ]	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

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	(i)	[   ]	A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
	(j)	[   ]	A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J);
	(k)	[   ]	Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).

ITEM 4.Ownership. 

The information contained in Items 5 – 11 on the cover pages is incorporated herein by reference.

ITEM 5.Ownership of Five Percent or Less of a Class. 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following:  [   ]

ITEM 6.Ownership of More than Five Percent on Behalf of Another Person. 

Not Applicable.

ITEM 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. 

Not Applicable.

ITEM 8.Identification and Classification of Members of the Group. 

Not Applicable.

ITEM 9.Notice of Dissolution of Group. 

Not Applicable.

ITEM 10.Certification. 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

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.

Dated as of the 22nd day of October, 2020.

 

/s/ Mark T. Lynch                   

Mark T. Lynch

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