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FIRST COMMONWEALTH FINANCIAL CORP /PA/ — Director's Dealing 2021
Feb 25, 2021
31773_dirs_2021-02-25_6cc38893-0963-4dad-894d-9a31dbf56db1.zip
Director's Dealing
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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: Grebenc Jane (Director, EVP/Chief Revenue Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-23 | Common Stock | A | 12075 | — | Acquired | 123629 | Direct |
| 2021-02-23 | Common Stock | F | 5763 | — | Disposed | 118811 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-23 | Restricted Stock Units-Service Based | $ | M | 6250 | Disposed | Common Stock (6250) | Direct | |
| 2021-02-23 | Restricted Stock Units-Service Based | $ | A | 8450 | Acquired | Common Stock (8450) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units-Service Based | $ | Common Stock (7400) | 7400 | Direct | |
| Restricted Stock Units-Service Based | $ | Common Stock (7600) | 15000 | Direct |
Footnotes
F1: Shares issued to Ms. Grebenc as settlement of performance and service-based restricted stock units granted under the First Commonwealth 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: Balance incudes 949 shares purchased in February 2021 through the automatic reinvestment of dividends as an enrolled participant in First Commonwealth's dividend reinvestment plan.
F4: 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
F5: 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.
F6: 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.
F7: 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.