Norman J. Montgomery - Feb 18, 2022 Form 4 Insider Report for FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF)

Role
EVP/Business Integration
Signature
Matthew C. Tomb POA for Norman J. Montgomery
Stock symbol
FCF
Transactions as of
Feb 18, 2022
Transactions value $
$0
Form type
4
Date filed
2/23/2022, 04:00 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 +11K +19.53% $0.00 67.1K Feb 18, 2022 Direct F1
transaction FCF Common Stock Tax liability $0 -6.11K -9.11% $0.00 61K 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 -4.25K -100% $0.00* 0 Feb 18, 2022 Common Stock 4.25K Direct F3
holding FCF Restricted Stock Units-Service Based 4.5K Feb 18, 2022 Common Stock 4.5K Direct F4
holding FCF Restricted Stock Units-Service Based 10.3K Feb 18, 2022 Common Stock 5.75K Direct F5
holding FCF Restricted Stock Units-Service Based 15.1K Feb 18, 2022 Common Stock 4.8K 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.