DECESARE LOUIS J JR 4
4 · VIST FINANCIAL CORP · Filed Dec 22, 2011
Insider Transaction Report
Form 4
DECESARE LOUIS J JR
CHIEF LENDING OFFICER
Transactions
- Award
COMMON STOCK
2011-12-20$6.45/sh+400$2,580→ 1,600 total - Award
STOCK OPTION (RIGHT TO BUY)
2011-12-20+2,000→ 2,000 totalExercise: $6.45From: 2012-12-20Exp: 2021-12-20→ COMMON STOCK (2,000 underlying) - Award
COMMON STOCK
2011-12-20$6.45/sh+800$5,160→ 2,400 total
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 20, 2012 and continuing each anniversary thereafter through December 20, 2014.
- [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 year ending December 31, 2012. The balance will vest in three equal installments based upon the satisfaction of certain individual performance criteria for the fiscal 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.
- [F3]The stock option award will vest in three equal installments beginning on December 20, 2012 and continuing each anniversary thereafter through December 20, 2014.