4//SEC Filing
Brown David D 4
Accession 0001209191-23-048306
CIK 0000859070other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 1:40 PM ET
Size
13.6 KB
Accession
0001209191-23-048306
Insider Transaction Report
Form 4
Brown David D
Chief Financial Officer
Transactions
- Award
PHANTOM STOCK
2023-09-06$31.32/sh+2,200$68,904→ 8,658 total(indirect: By 401(k))→ COMMON STOCK (2,200 underlying) - Purchase
COMMON STOCK
2023-09-01$31.45/sh+100$3,145→ 1,650 total(indirect: By IRA)
Holdings
- 15,043
COMMON STOCK
- 3,132
RESTRICTED STOCK UNITS
→ COMMON STOCK (3,132 underlying) - 7,455
STOCK OPTION
Exercise: $33.00From: 2022-03-31Exp: 2031-03-19→ COMMON STOCK (7,455 underlying) - 3,741(indirect: By Employee Stock Ownership & Savings Plan)
COMMON STOCK
- 2,727
RESTRICTED STOCK UNITS
→ COMMON STOCK (2,727 underlying)
Footnotes (5)
- [F1]Each share of phantom stock is the economic equivalent 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 employment.
- [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 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.
- [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 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.
- [F5]Stock options vest in three equal installments over three years beginning with 03/31/2022.
Documents
Issuer
FIRST COMMUNITY BANKSHARES INC /VA/
CIK 0000859070
Entity typeother
Related Parties
1- filerCIK 0001361953
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 1:40 PM ET
- Size
- 13.6 KB