BRIAN G. KARRIP - 18 Feb 2022 Form 4 Insider Report for FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF)

Role: EVP/Chief Credit Officer
Signature: Matthew C. Tomb POA for Brian G. Karrip
Issuer symbol: FCF
Transactions as of: 18 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 23 Feb 2022, 17:05:31 UTC
Previous filing: 01 Feb 2022
Next filing: 31 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	+14,061	+30%	$0.000000	60,554	18 Feb 2022	Direct	F1
transaction	FCF	Common Stock	Tax liability	$0	-4,245	-7%	$0.000000	56,309	18 Feb 2022	Direct	F2
transaction	FCF	Common Stock	Tax liability	$0	-4,273	-7.6%	$0.000000	52,036	18 Feb 2022	Direct	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	-5,450	-100%	$0.000000^*	0	18 Feb 2022	Common Stock	5,450		Direct	F4
holding	FCF	Restricted Stock Units-Service Based						5,650	18 Feb 2022	Common Stock	5,650		Direct	F5
holding	FCF	Restricted Stock Units-Service Based						11,950	18 Feb 2022	Common Stock	6,300		Direct	F6
holding	FCF	Restricted Stock Units-Service Based						17,250	18 Feb 2022	Common Stock	5,300		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	Shares held by the issuer to satisfy tax withholding obligations in connection with the vesting of 15,000 shares of restricted stock.
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.