4//SEC Filing
Husic Patricia A. 4
Accession 0000712537-23-000045
CIK 0000712537other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 5:46 PM ET
Size
5.8 KB
Accession
0000712537-23-000045
Insider Transaction Report
Form 4
Husic Patricia A.
Director
Transactions
- Award
Common Stock
2023-01-31+141,698→ 141,698 total
Footnotes (2)
- [F1]The transaction reflected herein is an acquisition in connection with the merger of Centric Financial Corporation ("Centric") and First Commonwealth Financial Corporation ("First Commonwealth"), with First Commonwealth as the surviving corporation, which merger was completed on January 31, 2023, pursuant to the Agreement and Plan of Merger, dated as of August 30, 2022, by and between such parties. In the merger, (1) each outstanding share of Centric common stock was converted into the right to receive 1.09 shares of First Commonwealth common stock (the "Exchange Ratio"), (footnote (1) continues below in footnote (2))
- [F2](2) each outstanding option and warrant to acquire shares of Centric common stock was cancelled in exchange for shares of First Commonwealth common stock equal to the value of the option or warrant, if any, based on the Exchange Ratio, and (3) unvested restricted stock of Centric vested in full upon the closing and was converted into the right to receive First Commonwealth common stock based on the Exchange Ratio. The closing market value of First Commonwealth common stock on the date of the merger was $14.71 per share. All transactions are exempt from Section 16(b) pursuant to Rule 16b-3(e).
Documents
Issuer
FIRST COMMONWEALTH FINANCIAL CORP /PA/
CIK 0000712537
Entity typeother
Related Parties
1- filerCIK 0001962757
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 5:46 PM ET
- Size
- 5.8 KB