Lombardi Leonard V 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Feb 23, 2022
Insider Transaction Report
Form 4
Lombardi Leonard V
Sr VP/Chief Audit Executive
Transactions
- Award
Common Stock
2022-02-18+6,321→ 55,925 total - Exercise/Conversion
Restricted Stock Units-Service Based
2022-02-18−2,450→ 0 total→ Common Stock (2,450 underlying) - Tax Payment
Common Stock
2022-02-18−2,994→ 52,931 total
Holdings
- 7,400
Restricted Stock Units-Service Based
→ Common Stock (2,100 underlying) - 5,300
Restricted Stock Units-Service Based
→ Common Stock (2,800 underlying) - 2,500
Restricted Stock Units-Service Based
→ Common Stock (2,500 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.