BELCHER JASON R 4
4 · FIRST COMMUNITY BANKSHARES INC /VA/ · Filed May 25, 2023
Insider Transaction Report
Form 4
BELCHER JASON R
SVP-Chief Admin Officer
Transactions
- Award
RESTRICTED STOCK UNITS
2023-05-23+3,132→ 3,132 total→ COMMON STOCK (3,132 underlying)
Holdings
- 14,317
COMMON STOCK
- 7,384
STOCK OPTION
Exercise: $33.00From: 2022-03-31Exp: 2031-03-19→ COMMON STOCK (7,384 underlying) - 3,682(indirect: By Employee Stock Ownership & Savings Plan)
COMMON STOCK
- 2,727
RESTRICTED STOCK UNITS
→ COMMON STOCK (2,727 underlying)
Footnotes (5)
- [F1]Shares increased due to nondiscretionary company contribution and allocation under 401(k) plan as well as a quarterly dividend reinvestment.
- [F2]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 23, 2026 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for years ending December 31, 2023, 2024 and 2025 and the continued employment of the reporting person.
- [F3]The restricted stock units vest in three years.
- [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]Stock options vest in three equal installments over three years beginning with 03/31/2022.