4//SEC Filing
DAVIS ROBERT D 4
Accession 0000775662-10-000029
CIK 0000775662other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 4:27 PM ET
Size
9.2 KB
Accession
0000775662-10-000029
Insider Transaction Report
Form 4
DAVIS ROBERT D
President & CEO
Transactions
- Award
common stock
2010-04-29+666→ 7,114 total - Award
common stock
2010-04-29+334→ 6,448 total
Holdings
- 8,852(indirect: By Spouse)
common stock
Footnotes (4)
- [F1]Transaction represents the grant of restricted stock award to the reporting person under the Issuer's 2007 Equity Incentive Plan. As required by the Interim Final Rule on TARP Standards for Compensation and Corporate Governance on June 15, 2009 (the Rule), the restricted stock will not vest until the second anniversary on the date of grant, provided the executive remains continuously employed with the Issuer, and, once vested as otherwise described herein, the shares may not be sold or otherwise transferred by the executive except to the extent the issuer has repaid its financial obligation to the U.S. Department of the Treasury (the Treasury) or under the rule or other guidance that may be issued by the Treasury or other government agency
- [F2]Subject to Footnote (1), the restricted stock award will vest in three equal installments beginning on April 29, 2011 and continuing each anniversary thereafter through April 29, 2013
- [F3]Subject to Footnote (1), 50% of the restricted stock award will vest in three equal installments based on the satisfaction of certain corporate-wide performance criteria for the year ending December 31, 2010. The balance will vest in three equal installments based on the satisfaction of certain individual performance criteria for the year ending December 31, 2010. If the relevant criteria are achieved, 1/3 will vest on April 29, 2011, 1/3 will vest on April 29, 2012, and 1/3 will vest on April 29, 2013.
- [F4]The total includes shares acquired through the Issuer's Employee Stock Purchase Plan, and shares held under the Issuer's 401(k) Plan which meet requirements of Rule 16b-3, and shares acquired with reinvested dividends through the Issuer's Dividend Reinvestment Plan.
Documents
Issuer
VIST FINANCIAL CORP
CIK 0000775662
Entity typeother
IncorporatedPA
Related Parties
1- filerCIK 0001102914
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 4:27 PM ET
- Size
- 9.2 KB