ROWE BILL 4
4 · FIRST FINANCIAL BANKSHARES INC · Filed Nov 15, 2011
Insider Transaction Report
Form 4
ROWE BILL
Vice President
Transactions
- Award
Employee Stock Option (Right to Buy)
2011-10-25+1,500→ 1,500 totalExercise: $31.45From: 2013-10-25Exp: 2021-10-25→ Common stock (1,500 underlying)
Footnotes (1)
- [F1]On October 25, 2011, First Financial Bankshares, Inc. granted the reporting person options to purchase 1,500 shares of the Company's common stock at $31.45 per share. The options vest 20% at the end of two years, 40% at the end of three years, 60% at the end of four years, 80% at the end of five years and 100% at the end of six years. The reporting person inadvertently failed to report the grant of these employee stock options within the proper time frame required under Section 16 of the Securities Exchange Act of 1934.