FIRST COMMONWEALTH FINANCIAL CORP /PA/ — Director's Dealing 2021

Feb 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF)
CIK: 0000712537
Period of Report: 2021-02-23

Reporting Person: Reske James R (EVP/Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-23	Common Stock	A	10723	—	Acquired	70707	Direct
2021-02-23	Common Stock	F	6214	—	Disposed	64493	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-23	Restricted Stock Units-Service Based	$	M	5550	Disposed		Common Stock (5550)	Direct
2021-02-23	Restricted Stock Units-Service Based	$	A	6700	Acquired		Common Stock (6700)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units-Service Based	$		Common Stock (5800)	5800	Direct
Restricted Stock Units-Service Based	$		Common Stock (6000)	11800	Direct

Footnotes

F1: Shares issued to Mr. Reske 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 period.