Mills Gary R 4

4 · FIRST COMMUNITY BANKSHARES INC /VA/ · Filed May 26, 2022

Form 4

Period: 2022-05-24

Chief Credit Officer

Transactions

Award
RESTRICTED STOCK UNITS
2022-05-24+6,436→ 6,436 total
→ COMMON STOCK (6,436 underlying)

Holdings

COMMON STOCK
17,337
COMMON STOCK
(indirect: By Employee Stock Ownership & Savings Plan)
6,786.097
STOCK OPTION
Exercise: $24.65From: 2002-12-31→ COMMON STOCK (865 underlying)
865
STOCK OPTION
Exercise: $33.00From: 2022-03-31Exp: 2031-03-19→ COMMON STOCK (15,799 underlying)
15,799
COMMON STOCK
19,864
COMMON STOCK
(indirect: By 401(k))
15,825
STOCK OPTION
Exercise: $29.15From: 2003-12-31→ COMMON STOCK (3,025 underlying)
3,025

Footnotes (8)

[F1]Shares were transferred from individual account to joint account.
[F2]Owned jointly with spouse.
[F3]Shares increased due to nondiscretionary company contribution and allocation under 401(k) plan.
[F4]Each restricted stock unit represents a contingent right to receive one share of First Community Bankshares Inc. common stock, or at the reporting persons election, the cash value thereof. The restricted stock units cliff vest on May 24, 2025 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for years ending December 31, 2022, 2023 and 2024 and the continued employment of the reporting person.
[F5]The restricted stock units vest in three years.
[F6]Stock options vest and become exercisable in seven equal annual installments beginning with the date listed.
[F7]Stock options are exercisable until 5 years after retirement at or after age 62, disability or death. If employment is terminated other than by retirement at or after 62, disability or death vested options must be exercised within 90 days after the effective date of termination. Any option not exercised within such period shall be deemed cancelled.
[F8]Stock options vest in three equal installments over three years beginning with 03/31/2022.

Documents

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