Jane Grebenc - 18 Feb 2022 Form 4 Insider Report for FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF)

Role
EVP/Chief Revenue Officer, Director
Signature
Matthew C. Tomb POA for Jane Grebenc
Issuer symbol
FCF
Transactions as of
18 Feb 2022
Net transactions value
$0
Form type
4
Filing time
23 Feb 2022, 15:15:24 UTC
Previous filing
01 Feb 2022
Next filing
30 Jan 2023
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 +19,092 +16% $0.000000 140,715 18 Feb 2022 Direct F1
transaction FCF Common Stock Tax liability $0 -9,563 -6.8% $0.000000 131,996 18 Feb 2022 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 -7,400 -100% $0.000000* 0 18 Feb 2022 Common Stock 7,400 Direct F4
holding FCF Restricted Stock Units-Service Based 7,600 18 Feb 2022 Common Stock 7,600 Direct F5
holding FCF Restricted Stock Units-Service Based 16,050 18 Feb 2022 Common Stock 8,450 Direct F6
holding FCF Restricted Stock Units-Service Based 22,350 18 Feb 2022 Common Stock 6,300 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 2019-2021 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 844 shares purchased in February 2022 through the automatic reinvestment of dividends as an enrolled participant in First Commonwealth's dividend reinvestment plan.
F4 Service based stock units awarded in 2019 and converted to FCF common stock on a 1-for-1 basis after 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.
F7 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.