DECESARE LOUIS J JR 4
4 · VIST FINANCIAL CORP · Filed Jan 25, 2012
Insider Transaction Report
Form 4
DECESARE LOUIS J JR
CHIEF LENDING OFFICER
Transactions
- Award
stock options (right to buy)
2010-12-15$7.05/sh+2,000$14,100→ 2,000 totalExercise: $7.05From: 2012-01-24Exp: 2020-12-20→ common stock (right to buy) (2,000 underlying) - Tax Payment
common stock
2010-12-15$7.05/sh+400$2,820→ 2,000 total
Footnotes (2)
- [F1]On December 15, 2010, the reporting person was granted a total of 800 shares of restricted stock under the issuer's 2007 Equity Incentive Plan based on attainment of specified individual or corporate performance criteria for the year ended December 31, 2011. The corporate performance criteria for the year ended December 31, 2011 were not met resulting in the forfeiture as to 400 shares and reported above. The individual performance criteria for the year ended December 31, 2011 were met and accordingly 400 shares of restricted stock will vest in three annual installments beginning January 24, 2012.
- [F2]On December 15, 2010, the reporting person was granted options to purchase 4000 shares of common stock based on attainment of specified individual or corporate performance goals for the year ended December 31, 2011. The individual performance criteria for the year ended December 31, 2011 were met, resulting in vesting of options as to 2,000 shares and reported above. The corporate performance criteria for the year ended December 31, 2011 were not met and accordingly options to purchase 2,000 shares of common stock expired.