DAVIS ROBERT D 4
4 · VIST FINANCIAL CORP · Filed Jan 25, 2012
Insider Transaction Report
Form 4
DAVIS ROBERT D
President & CEO
Transactions
- Tax Payment
common stock
2011-01-18$9.16/sh+1,333$12,210→ 19,127 total
Holdings
- 9,852(indirect: By Spouse)
comon stock
Footnotes (2)
- [F1]On January 18, 2011, the reporting person was granted a total of 2,666 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 of 1,333 shares and reported above, The individual performance criteria for the year ended December 31, 2011 were met and accordingly, subject to footnote number 2, the restricted stock award of 1,333 shares will vest in three equal installments beginning on January 18, 2012
- [F2]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 extend the issuer has repaid its financial obligation to the US Treasury (the Treasury) or under the Rule or other guidance that may be issued by the Treasury or other government agency