Carrie L. Riggle - Feb 18, 2022 Form 4 Insider Report for FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF)

Signature
Matthew C. Tomb POA for Carrie L. Riggle
Stock symbol
FCF
Transactions as of
Feb 18, 2022
Transactions value $
$0
Form type
4
Date filed
2/23/2022, 03:24 PM
Previous filing
Feb 1, 2022
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCF Common Stock Award $0 +7.87K +17.51% $0.00 52.8K Feb 18, 2022 Direct F1
transaction FCF Common Stock Tax liability $0 -3.2K -6.06% $0.00 49.6K Feb 18, 2022 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 FCF Restricted Stock Units-Service Based Options Exercise $0 -3.05K -100% $0.00* 0 Feb 18, 2022 Common Stock 3.05K Direct F3
holding FCF Restricted Stock Units-Service Based 3.2K Feb 18, 2022 Common Stock 3.2K Direct F4
holding FCF Restricted Stock Units-Service Based 6.75K Feb 18, 2022 Common Stock 3.55K Direct F5
holding FCF Restricted Stock Units-Service Based 9.4K Feb 18, 2022 Common Stock 2.65K Direct F6
* 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 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.
F4 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.
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.