Home/Filings/4/0000805676-24-000056
4//SEC Filing

TRAUTMAN DAVID L 4

Accession 0000805676-24-000056

CIK 0000805676other

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 4:34 PM ET

Size

17.6 KB

Accession

0000805676-24-000056

Insider Transaction Report

Form 4
Period: 2024-03-31
TRAUTMAN DAVID L
DirectorPresident & Secretary
Transactions
  • Tax Payment

    Common Shares

    2024-03-31$135.85/sh934.513$126,95430,167.139 total
  • Award

    Common Shares

    2024-03-31+2,25030,115 total
  • Award

    PBRSUs

    2024-03-31+2,2502,250 total
    Common Shares (2,250 underlying)
  • Exercise/Conversion

    Common Shares

    2024-03-31+2,02531,101.652 total
  • Tax Payment

    Common Shares

    2024-03-31$135.85/sh1,038.348$141,06029,076.652 total
  • Exercise/Conversion

    PBRSUs

    2024-03-312,0250 total
    Common Shares (2,025 underlying)
Holdings
  • Common Shares

    (indirect: Joan Y., Rollover Plan)
    822
  • Common Shares

    (indirect: By IRA)
    346
  • Common Shares

    (indirect: KSOP)
    18,742.552
  • Common Shares

    (indirect: David L. Trautman Managing Agency Account)
    13,516.383
  • Common Shares

    (indirect: By Spouse)
    13,230
Footnotes (3)
  • [F1]Effective March 31, 2024 (the "2021 PBRSU Certification Date"), the Executive Committee of the Board of Directors of Park National Corporation ("Park") certified the level of achievement with respect to the performance criteria for the three-fiscal-year performance period applicable to performance-based restricted stock units ("PBRSUs") granted to the reporting person effective January 1, 2021. The PBRSUs convert into Park common shares on a one-for-one basis. The PBRSUs earned based on the performance level achieved are also subject to a service-based vesting requirement with 50% vesting (resulting in the right to receive the 2,250 common shares shown in the first row in Table I) on the 2021 PBRSU Certification Date and the other 50% to vest on the first anniversary of the 2021 PBRSU Certification Date (shown in the second row in Table II as a derivative security).
  • [F2]These PBRSUs converted into common shares of Park National Corporation on a one-for-one basis upon satisfaction of a service-based vesting requirement on March 31, 2024.
  • [F3]Between January 1 and March 31, 2024, the reporting person acquired 212.713 common shares under the Park National Corporation Employees Stock Ownership Plan (the "KSOP"). The information in this report is based on a KSOP plan statement dated as of March 31, 2024.

Issuer

PARK NATIONAL CORP /OH/

CIK 0000805676

Entity typeother

Related Parties

1
  • filerCIK 0001201394

Filing Metadata

Form type
4
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:34 PM ET
Size
17.6 KB