4//SEC Filing
DAVIS C WILLIAM 4
Accession 0001209191-21-067128
CIK 0000859070other
Filed
Nov 29, 7:00 PM ET
Accepted
Nov 30, 4:18 PM ET
Size
11.3 KB
Accession
0001209191-21-067128
Insider Transaction Report
Form 4
DAVIS C WILLIAM
Director
Transactions
- Award
STOCK OPTION
2021-11-26+3,958→ 3,958 totalExercise: $33.00From: 2022-03-31Exp: 2031-03-19→ COMMON STOCK (3,958 underlying) - Disposition to Issuer
COMMON STOCK
2021-11-26−944→ 8,763.415 total
Holdings
- 3,176(indirect: By IRA)
COMMON STOCK
- 4,730(indirect: By FCB Director Deferred Compensation Plan)
PHANTOM STOCK
→ COMMON STOCK (4,730 underlying) - 4,907
STOCK OPTION
Exercise: $12.07From: 2011-12-19Exp: 2021-12-19→ COMMON STOCK (4,907 underlying)
Footnotes (5)
- [F1]On November 26, 2021, the reporting person exchanged each of his unvested restricted stock awards for an equivalent 4.1931 unvested stock options per one restricted share, each with an exercise price equal to $33.00. These stock options will vest over a period of three years.
- [F2]Shares also increased due to quarterly dividend reinvestment.
- [F3]Each share of phantom stock is the economic of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.
- [F4]Stock options vest in three equal installments over three years beginning with 03/31/2022.
- [F5]The options are subject to cliff vesting three years from the date of grant or at the retirement of the director, whichever comes first.
Documents
Issuer
FIRST COMMUNITY BANKSHARES INC /VA/
CIK 0000859070
Entity typeother
Related Parties
1- filerCIK 0001649557
Filing Metadata
- Form type
- 4
- Filed
- Nov 29, 7:00 PM ET
- Accepted
- Nov 30, 4:18 PM ET
- Size
- 11.3 KB