4//SEC Filing
DAVIS ROBERT D 4
Accession 0000775662-11-000068
CIK 0000775662other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 3:43 PM ET
Size
8.7 KB
Accession
0000775662-11-000068
Insider Transaction Report
Form 4
DAVIS ROBERT D
President & CEO
Transactions
- Award
COMMON STOCK
2011-12-20$6.45/sh+3,334$21,504→ 13,794 total - Award
COMMON STOCK
2011-12-20$6.45/sh+6,666$42,996→ 20,460 total
Holdings
- 9,852(indirect: By Spouse)
COMMON STOCK
Footnotes (4)
- [F1]The transaction represents the grant of restricted stock award to the reporting person under Issuer's 2007 Equity Incentive Plan. As required by the Interim Final Rule on TARP Standards for Compensation and Corporate Governance effective 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 US Department of 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 December 20, 2012 and continuing each anniversary thereafter through December 20, 2014.
- [F3]Subject to Footnote (1), 50% of the restricted stock award will vest in three equal installments based upon satisfaction of certain corporate performance criteria for the fiscal year ending December 31, 2012. The balance will vest in three equal installments based upon the satisfaction of certainindividual performance criteria for the year ending December 31, 2012. If the relevant criteria are achieved, 1/3 will vest on January 29, 2013, 1/3 will vest on December 20, 2013, and 1/3 will vest on December 20, 2014.
- [F4]The total includes shares acquired through the Issuer's Employee Stock Purchase Plan which meets 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
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 3:43 PM ET
- Size
- 8.7 KB