MANGANO ROBERT F 4
4 · 1ST CONSTITUTION BANCORP · Filed Jan 8, 2019
Insider Transaction Report
Form 4
MANGANO ROBERT F
DirectorPresident and CEO
Transactions
- Award
Common Stock
2019-01-04+8,000→ 540,283 total - Award
Common Stock
2019-01-04+8,000→ 548,283 total
Footnotes (2)
- [F1]Restricted stock grant of 8,000 shares which will vest in equal annual installments on January 4, 2020, January 4, 2021, January 4, 2022 and January 4, 2023.
- [F2]Performance-based restricted stock grant of 8,000 shares at target. This target award will vest pro-rata in three annual installments commencing in 2020, subject to achievement of pre-established performance metrics. The ultimate number of shares earned, if any, will depend upon performance achievement measured over each annual period during the period from January 1, 2019 through December 31, 2021. If performance measures are achieved, the restricted shares will vest on the date of certification of performance achievement by the Compensation Committee following each annual period.