DAVIS C WILLIAM 4
4 · FIRST COMMUNITY BANKSHARES INC /VA/ · Filed May 25, 2023
Insider Transaction Report
Form 4
DAVIS C WILLIAM
Director
Transactions
- Disposition to Issuer
COMMON STOCK
2023-05-24−1,105→ 14,096 total - Award
RESTRICTED STOCK UNITS
2023-05-23+1,233→ 1,233 total→ COMMON STOCK (1,233 underlying) - Exercise/Conversion
RESTRICTED STOCK UNITS
2023-05-24−1,105→ 0 total→ COMMON STOCK (1,105 underlying) - Exercise/Conversion
COMMON STOCK
2023-05-24+1,105→ 15,201 total
Holdings
- 3,958
STOCK OPTION
Exercise: $33.00From: 2022-03-31Exp: 2031-03-19→ COMMON STOCK (3,958 underlying) - 4,730(indirect: By FCB Director Deferred Compensation Plan)
PHANTOM STOCK
→ COMMON STOCK (4,730 underlying) - 3,176(indirect: By IRA)
COMMON STOCK
Footnotes (6)
- [F1]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 vest in one installment on May 24, 2023.
- [F2]Shares also increased due to quarterly dividend reinvestment.
- [F3]These shares were acquired upon the vesting of previously reported equity awards, and were disposed of to permit the cash value of the awards to be credited to the reporting persons deferred compensation plan account.
- [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 vest in one installment on May 23, 2024.
- [F5]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.
- [F6]Stock options vest in three equal installments over three years beginning with 03/31/2022.