Home/Filings/4/0000805676-24-000058
4//SEC Filing

Burt Brady T 4

Accession 0000805676-24-000058

CIK 0000805676other

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 4:34 PM ET

Size

15.6 KB

Accession

0000805676-24-000058

Insider Transaction Report

Form 4
Period: 2024-03-31
Burt Brady T
Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Common Shares

    2024-03-31+1,3502,152.401 total
  • Award

    Common Shares

    2024-03-31+1,5001,500 total
  • Tax Payment

    Common Shares

    2024-03-31$135.85/sh627.839$85,2921,524.562 total
  • Exercise/Conversion

    PBRSUs

    2024-03-311,3500 total
    Common Shares (1,350 underlying)
  • Award

    PBRSUs

    2024-03-31+1,5001,500 total
    Common Shares (1,500 underlying)
  • Tax Payment

    Common Shares

    2024-03-31$135.85/sh697.599$94,769802.401 total
Holdings
  • Common Shares

    (indirect: KSOP)
    7,983.878
  • Common Shares

    (indirect: Brady T. Burt Managing Agency Account)
    8,390.012
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 1,500 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 133.881 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 0001330808

Filing Metadata

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