SARVER M ADAM 4
4 · FIRST COMMUNITY BANKSHARES INC /VA/ · Filed Nov 30, 2021
Insider Transaction Report
Form 4
SARVER M ADAM
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→ 110,661 total
Holdings
- 872(indirect: By Spouse)
COMMON STOCK
- 41,976(indirect: By LLC)
COMMON STOCK
- 2,000
COMMON STOCK
Footnotes (4)
- [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]Holds a 50% ownership in the company.
- [F3]Mr. Sarver is the custodian of his daughters' accounts.
- [F4]Stock options vest in three equal installments over three years beginning with 03/31/2022.