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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 02/12/2019 | A | 1,354 | (2) | (2) | Common Stock | 1,354 (2) | $ 0 | 1,354 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Smith Jimmi Sue 625 LIBERTY AVENUE, SUITE 1700 PITTSBURGH, PA 15222 |
SVP & Chief Financial Officer |
/s/ Patrick J. OMalley as Attorney-in-Fact for Jimmi Sue Smith | 02/14/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Restricted Stock Units are payable in cash based on the closing price per share of the Company's common stock as of the business day immediately preceding the vesting date, provided that the Company retains the discretion to pay out the Restricted Stock Units in shares of the Company's common stock. |
(2) | The Restricted Stock Units were granted on March 15, 2018 pursuant to a 2018 Strategic Implementation Performance Share Units Award Agreement. On February 12, 2019, the Management Development and Compensation Committee of the Board of Directors of the Company confirmed that the performance condition for the award had been achieved, and thereby the award vests in equal installments on the first and second anniversary of the grant date, subject to the conditions set forth in the award. |