Price T Michael 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Price T Michael
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2023-03-02−9,044→ 337,564 total - Award
Common Stock
2023-03-02+24,852→ 346,608 total - Exercise/Conversion
Restricted Stock Units-Service Based
2023-03-02−10,900→ 0 total→ Common Stock (10,900 underlying)
Holdings
- 12,150
Restricted Stock Units-Service Based
→ Common Stock (12,150 underlying) - 20,950
Restricted Stock Units-Service Based
→ Common Stock (8,800 underlying) - 34,750
Restricted Stock Units-Service Based
→ Common Stock (13,800 underlying)
Footnotes (6)
- [F1]Shares issued as settlement of performance and service based restricted stock units granted under the First Commonwealth Financial Corporation 2020-2022 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 2020 and converted to FCF common stock on a 1-for-1 basis after a 3 year vesting period.
- [F4]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.
- [F5]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.
- [F6]Award in 2023 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.