Lombardi Leonard V 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Feb 25, 2021
Insider Transaction Report
Form 4
Lombardi Leonard V
Sr VP/Chief Audit Executive
Transactions
- Award
Common Stock
2021-02-23+4,540→ 51,764 total - Tax Payment
Common Stock
2021-02-23−2,160→ 49,604 total - Exercise/Conversion
Restricted Stock Units-Service Based
2021-02-23−2,350→ 0 total→ Common Stock (2,350 underlying) - Award
Restricted Stock Units-Service Based
2021-02-23+2,800→ 7,750 total→ Common Stock (2,800 underlying)
Holdings
- 2,450
Restricted Stock Units-Service Based
→ Common Stock (2,450 underlying) - 4,950
Restricted Stock Units-Service Based
→ Common Stock (2,500 underlying)
Footnotes (6)
- [F1]Shares issued to Mr. Lombardi as settlement of performance and service-based restricted stock units granted under the First Commonwealth Financial Corporation 2018-2020 Long-Term Incentive Plan.
- [F2]Shares held by the issuer to satisfy tax withholding obligations in connection with the Long-Term Incentive Plan referenced in footnote 1.
- [F3]Service-based stock units awarded in 2018 and converted to FCF common stock on a 1-for-1 basis after a 3 year vesting period.
- [F4]Award in 2019 of service-based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
- [F5]Award in 2020 of service-based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
- [F6]Award in 2021 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.