John Bookmyer - Jan 4, 2021 Form 4 Insider Report for PREMIER FINANCIAL CORP (PFC)

Role
Director
Signature
/s/ John L. Bookmyer by Shannon M. Kuhl, POA
Stock symbol
PFC
Transactions as of
Jan 4, 2021
Transactions value $
$0
Form type
4
Date filed
8/9/2021, 07:07 PM
Previous filing
Aug 9, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFC Common Shares Options Exercise +7.91K +27.86% 36.3K Jan 4, 2021 Direct F2

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 PFC Phantom Stock Award $0 +547 +1.38% $0.00 40.3K Jan 4, 2021 Common Shares 547 Direct F2, F3, F4, F5
transaction PFC Phantom Stock Options Exercise $0 -7.91K -19.62% $0.00 32.4K Jan 4, 2021 Common Shares 7.91K Direct F2, F3, F4, F5
transaction PFC Phantom Stock Award $0 +395 +1.09% $0.00 36.7K Apr 30, 2021 Common Shares 395 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The ending balance differs from amounts previously reported because of an inadvertent administrative error.
F2 Each share of phantom stock ("Phantom Share") is the economic equivalent of one share of PFC common stock.
F3 The Phantom Shares become payable in common shares, at the election of the reporting person, as follows: (a) Phantom Shares awarded in 2006 and 2011 became payable on January 2, 2020; (b) Phantom Shares awarded in 2007 became payable on January 4, 2021; (c) 90% of the Phantom Shares awarded in 2012 became payable on January 4, 2021, and the remaining 10% will become payable one year after termination as a director; (d) Phantom Shares awarded in 2008 and 2013 become payable on January 1, 2022; (e) Phantom Shares awarded in 2009 and 2010 become payable on January 1, 2023;
F4 (f) Phantom Shares awarded in 2014 and 2015 become payable on January 1, 2024; (g) Phantom Shares awarded in 2016, 2017, 2018, and 2019 become payable on January 1, 2025; and (h) Phantom Shares awarded in 2020 and 2021 become payable one year following termination as a director. In the event the reporting person's services as a director terminate prior to reaching any of the foregoing dates, all remaining Phantom Shares will convert to PFC common stock one year following such termination without regard to such dates.
F5 On July 13, 2018, PFC split its common shares 2-for-1 (the "Stock Split"). The numbers included in this Form 4 have been adjusted to account for the Stock Split.