Montgomery Norman J 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Feb 23, 2022
Insider Transaction Report
Form 4
Montgomery Norman J
EVP/Business Integration
Transactions
- Award
Common Stock
2022-02-18+10,965→ 67,102 total - Exercise/Conversion
Restricted Stock Units-Service Based
2022-02-18−4,250→ 0 total→ Common Stock (4,250 underlying) - Tax Payment
Common Stock
2022-02-18−6,112→ 60,990 total
Holdings
- 4,500
Restricted Stock Units-Service Based
→ Common Stock (4,500 underlying) - 10,250
Restricted Stock Units-Service Based
→ Common Stock (5,750 underlying) - 15,050
Restricted Stock Units-Service Based
→ Common Stock (4,800 underlying)
Footnotes (6)
- [F1]Shares issued as settlement of performance and service based restricted stock units granted under the First Commonwealth Financial Corporation 2019-2021 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 2019 and converted to FCF common stock on a 1-for-1 basis after a 3 year vesting period.
- [F4]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.
- [F5]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.
- [F6]Award in 2022 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.