Jane Grebenc - 02 Mar 2023 Form 4 Insider Report for FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF)

Role
EVP/Chief Revenue Officer, Director
Signature
/s/ Matthew C. Tomb POA for Jane Grebenc
Issuer symbol
FCF
Transactions as of
02 Mar 2023
Net transactions value
$0
Form type
4
Filing time
03 Mar 2023, 15:47:45 UTC
Previous filing
31 Jan 2023
Next filing
29 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCF Common Stock Award $0 +17,328 +13% $0.000000 152,689 02 Mar 2023 Direct F1
transaction FCF Common Stock Tax liability $0 -8,768 -5.7% $0.000000 144,912 02 Mar 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FCF Restricted Stock Units-Service Based Options Exercise $0 -7,600 -100% $0.000000* 0 02 Mar 2023 Common Stock 7,600 Direct F4
holding FCF Restricted Stock Units-Service Based 8,450 02 Mar 2023 Common Stock 8,450 Direct F5
holding FCF Restricted Stock Units-Service Based 14,750 02 Mar 2023 Common Stock 6,300 Direct F6
holding FCF Restricted Stock Units-Service Based 22,600 02 Mar 2023 Common Stock 7,850 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Balance includes 991 shares purchased from the automatic reinvestment of dividends in February 2023 as a participant in First Commonwealth's dividend reinvestment plan.
F4 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.
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.
F7 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.