Brown, Robin D. 4
4 · FIRST COMMUNITY CORP /SC/ · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Brown, Robin D.
EVP, HR and Marketing
Transactions
- Award
Common Stock
2024-02-20+2,319→ 20,120 total - Award
Restricted Stock Units
2024-02-20+2,062→ 5,426 total→ Common Stock (2,062 underlying) - Tax Payment
Common Stock
2024-02-20$17.06/sh−733$12,505→ 17,801 total - Tax Payment
Common Stock
2024-02-22$16.52/sh−919$15,182→ 19,201 total
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]1,627 restricted stock units cliff vest on February 17, 2025, at which time the vested shares will be delivered to the reporting person; 1,737 restricted stock units cliff vest on February 21, 2026, at which time the vested shares will be delivered to the reporting person; and 2,062 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person.