Montgomery Norman J 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Montgomery Norman J
EVP/Business Integration
Transactions
- Award
Common Stock
2023-03-02+10,260→ 71,250 total - Tax Payment
Common Stock
2023-03-02−5,543→ 65,707 total - Exercise/Conversion
Restricted Stock Units-Service Based
2023-03-02−4,500→ 0 total→ Common Stock (4,500 underlying)
Holdings
- 5,750
Restricted Stock Units-Service Based
→ Common Stock (5,750 underlying) - 10,550
Restricted Stock Units-Service Based
→ Common Stock (4,800 underlying) - 16,750
Restricted Stock Units-Service Based
→ Common Stock (6,200 underlying)
Footnotes (6)
- [F1]Shares issued as settlement of performance and service based restricted stock units granted under the First Commonwealth Financial Corporation 2020-2022 Long-Term Incentive Plan.
- [F2]Shares held by the issuer to satisfy tax withholding obligations in connection with the Long-Term Incentive Plan referenced in footnote 1.
- [F3]Service based stock units awarded in 2020 and converted to FCF common stock on a 1-for-1 basis after a 3 year vesting period.
- [F4]Award in 2021 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
- [F5]Award in 2022 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
- [F6]Award in 2023 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.