4//SEC Filing
Nissen Ted J 4
Accession 0000932781-24-000022
CIK 0000932781other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 2:55 PM ET
Size
11.5 KB
Accession
0000932781-24-000022
Insider Transaction Report
Form 4
Nissen Ted J
EVP and Chief Banking Officer
Transactions
- Award
Common Stock
2024-02-20+2,779→ 33,358 total - Tax Payment
Common Stock
2024-02-20$17.06/sh−1,100$18,766→ 30,579 total - Tax Payment
Common Stock
2024-02-22$16.52/sh−1,379$22,781→ 31,979 total - Award
Restricted Stock Units
2024-02-20+2,713→ 6,873 total→ Common Stock (2,713 underlying)
Footnotes (7)
- [F1]Shares withheld to satisfy tax withholding obligation applicable to the vesting of restricted stock.
- [F2]Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on March 12, 2021, under the First Community Corporation 2011 Stock Incentive Plan and vested upon achievement of performance goals for the applicable performance period.
- [F3]The performance-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the performance-based restricted stock units.
- [F4]Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
- [F5]Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
- [F6]The restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person.
- [F7]2,007 restricted stock units cliff vest on February 17, 2025, at which time the vested shares will be delivered to the reporting person; 2,153 restricted stock units cliff vest on February 21, 2026, at which time the vested shares will be delivered to the reporting person; and 2,713 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person.
Documents
Issuer
FIRST COMMUNITY CORP /SC/
CIK 0000932781
Entity typeother
Related Parties
1- filerCIK 0001295098
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 2:55 PM ET
- Size
- 11.5 KB