AI assistant
FIRST COMMONWEALTH FINANCIAL CORP /PA/ — Director's Dealing 2021
Feb 25, 2021
31773_dirs_2021-02-25_f1952839-23ac-4032-b214-d133eecd148b.zip
Director's Dealing
Open in viewerOpens in your device viewer
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: Price T Michael (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-23 | Common Stock | A | 16325 | — | Acquired | 301983 | Direct |
| 2021-02-23 | Common Stock | F | 6520 | — | Disposed | 295463 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-23 | Restricted Stock Units-Service Based | $ | M | 8450 | Disposed | Common Stock (8450) | Direct | |
| 2021-02-23 | Restricted Stock Units-Service Based | $ | A | 12150 | Acquired | Common Stock (12150) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units-Service Based | $ | Common Stock (10600) | 10600 | Direct | |
| Restricted Stock Units-Service Based | $ | Common Stock (10900) | 21500 | Direct |
Footnotes
F1: Shares issued to Mr. Price 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 vesting period.