SEC Form 4 · accession 0001229952-18-000033
FIRST COMMONWEALTH FINANCIAL CORP /PA/ · FCF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
T Michael Price
Officer — President & CEO · Director
Period of report
May 30, 2018
Accepted (ET)
May 31, 2018 · 10:07 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000712537
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 30, 2018 | S | 50,127 | $15.748 | D | 182,510 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units-Service BasedF2 | — | holding | — | — | — | — | — | Common Stock | 8,450 | 8,450 | D |
| Restricted Stock Units-Service BasedF3 | — | holding | — | — | — | — | — | Common Stock | 8,450 | 16,900 | D |
Explanation of responses
- F1Mr. Price intends to apply the proceeds from the sale to the purchase price of a primary residence and for charitable contributions.
- F2Award in 2017 of service-based units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
- F3Award in 2018 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.