Favilla Terry F 4
4 · VIST FINANCIAL CORP · Filed Dec 17, 2010
Insider Transaction Report
Form 4
Favilla Terry F
CONTROLLER
Transactions
- Award
common stock
2010-12-15+800→ 2,200 total - Award
common stock
2010-12-15+400→ 1,400 total - Award
stock option (right to buy)
2010-12-15+1,667→ 1,667 totalExercise: $7.05From: 2011-12-15Exp: 2020-12-15→ common stock (1,667 underlying)
Footnotes (3)
- [F1]Transaction represents the grant of restricted stock award to the reporting person under the Issuer's 2007 Equity Incentive Plan. The restricted stock award will vest in three equal installments beginning on December 15, 2011 and continuing each anniversary thereafter through December 15, 2013
- [F2]Transaction represents the grant of restricted stock award to the reporting person under the Issuer's 2007 Equity Incentive Plan. 50% of the restricted stock award will vest in three equal installments based on the satisfaction of certain corporate-wide performance criteria for the fiscal year ending December 31, 2011. The balance will vest in three equal installments based on the satisfaction of certain individual performance criteria for the fiscal year ending December 31, 2011. If the relevant criteria are achieved, 1/3 will vest on January 24, 2012, 1/3 will vest on December 15, 2012 and 1/3 will vest on December 15, 2013
- [F3]The stock option award will vest in three equal installments beginning on December 15, 2011 and continuing each anniversary thereafter through December 15, 2013