4//SEC Filing
Nissen Ted J 4
Accession 0000932781-25-000020
CIK 0000932781other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 5:49 PM ET
Size
16.2 KB
Accession
0000932781-25-000020
Insider Transaction Report
Form 4
Nissen Ted J
EVP and Chief Banking Officer
Transactions
- Tax Payment
Common Stock
2025-02-18$26.84/sh−1,277$34,275→ 34,369 total - Exercise/Conversion
Restricted Stock Units
2025-02-17−2,007→ 4,866 total→ Common Stock (2,007 underlying) - Award
Restricted Stock Units
2025-02-18+2,435→ 7,301 total→ Common Stock (2,435 underlying) - Exercise/Conversion
Common Stock
2025-02-17+2,007→ 34,063 total - Tax Payment
Common Stock
2025-02-17$27.30/sh−996$27,191→ 33,067 total - Award
Common Stock
2025-02-18+2,579→ 35,646 total
Footnotes (11)
- [F1]Shares delivered to the reporting person pursuant to vesting of time-based restricted stock units, which were granted to the reporting person on February 17, 2022, under the First Community Corporation 2021 Omnibus Equity Incentive Plan and vested on February 17, 2025.
- [F10]The restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person.
- [F11]2,153 restricted stock units cliff vest on February 21, 2026, at which time the vested shares will be delivered to the reporting person; 2,713 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person; and 2,435 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person.
- [F2]The time-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the time-based restricted stock units.
- [F3]Shares withheld to satisfy tax withholding obligation applicable to the vesting of time-based restricted stock units that vested on February 17, 2025.
- [F4]Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on February 17, 2022, under the First Community Corporation 2021 Omnibus Equity Incentive Plan and vested upon achievement of performance goals for the applicable performance period.
- [F5]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.
- [F6]Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
- [F7]Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
- [F8]2,007 restricted stock units cliff vested on February 17, 2025.
- [F9]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 18, 7:00 PM ET
- Accepted
- Feb 19, 5:49 PM ET
- Size
- 16.2 KB