4//SEC Filing
Herreman Kelly A 4
Accession 0000805676-24-000057
CIK 0000805676other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:34 PM ET
Size
15.7 KB
Accession
0000805676-24-000057
Insider Transaction Report
Form 4
Herreman Kelly A
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Shares
2024-03-31+337.5→ 526.444 total - Award
Common Shares
2024-03-31+337.5→ 337.5 total - Tax Payment
Common Shares
2024-03-31$135.85/sh−148.556$20,181→ 377.888 total - Exercise/Conversion
PBRSUs
2024-03-31−337.5→ 0 total→ Common Shares (337.5 underlying) - Award
PBRSUs
2024-03-31+337.5→ 337.5 total→ Common Shares (337.5 underlying) - Tax Payment
Common Shares
2024-03-31$135.85/sh−148.556$20,181→ 188.944 total
Holdings
- 1,259.711(indirect: Kelly Herreman Managing Agency Account)
Common Shares
- 2,517.699(indirect: KSOP)
Common Shares
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 337.50 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 81.799 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.
Documents
Issuer
PARK NATIONAL CORP /OH/
CIK 0000805676
Entity typeother
Related Parties
1- filerCIK 0001702544
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:34 PM ET
- Size
- 15.7 KB