- Statement of Changes in Beneficial Ownership (4)
December 22 2011 - 4:24PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
HOPKINS CHARLES J
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2. Issuer Name
and
Ticker or Trading Symbol
VIST FINANCIAL CORP
[
VIST
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Last)
(First)
(Middle)
1240 BROADCASTING ROAD PO BOX 6219
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3. Date of Earliest Transaction
(MM/DD/YYYY)
12/20/2011
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(Street)
WHOMISSING, PA 19610
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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COMMON STOCK
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12/20/2011
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A
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334
(1)
(2)
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A
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$6.45
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70133
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D
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COMMON STOCK
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12/20/2011
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A
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666
(1)
(3)
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A
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$6.45
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70799
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Explanation of Responses:
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(
1)
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The transaction represents the grant of restricted stock award to the reporting person under the Issuer's 2007 Incentive Plan. As required by the Interim Final Rule on TARP Standards for Compensation and Corporate Governance on June 15, 2009 (the Rule), the resticted stock will not vest until the second anniversary on the date of grant, provided the executive remains continuously employed with the Issuer and, once vested as otherwise described herein, the shares may not be sold or transferred by the executive except to the extent the issuer has repaid its financial obligation to the US Dept of the Treasury (the Treasury) or under the Rule or other guidance that may be issued by the Treasury or other government agency.
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(
2)
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Subject to Footnote (1), the restricted stock award will vest in three equal installments beginning on December 20, 2012 and continuing each anniversary thereafter through December 20, 2014.
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(
3)
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Subject to Footnote (1), 50% of the restricted stock award will vest in three equal installments based on the satisfaction of certain corporate-wide performance criteria for the fiscal year ending December 31, 2012. The balance will vest in three equal installments based on the satisfaction of certain individual performance criteria for the fiscal year ending December 31, 2012. If the relevant criteria are achieved, 1/3 will vest on January 29, 2013, 1/3 will vest on December 20,2013, and 1/3 will vest on December 20, 2014.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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HOPKINS CHARLES J
1240 BROADCASTING ROAD PO BOX 6219
WHOMISSING, PA 19610
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X
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Signatures
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JENETTE L ECK, ATTORNEY-IN-FACT
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12/22/2011
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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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.
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