4//SEC Filing
DUESER F SCOTT 4
Accession 0001209191-24-004978
CIK 0000036029other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 3:58 PM ET
Size
12.1 KB
Accession
0001209191-24-004978
Insider Transaction Report
Form 4
DUESER F SCOTT
DirectorChairman, President and CEO
Transactions
- Award
Common Stock
2024-03-18+9,814→ 960,879 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2024-03-18−9,814→ 951,065 total(indirect: By Trust) - Award
Deferred Stock Units
2024-03-18−9,814→ 19,822 total→ Common Stock (9,814 underlying)
Holdings
- 496,004(indirect: By Partnership)
Common Stock
- 448,310(indirect: By Partnership)
Common Stock
Footnotes (5)
- [F1]Represents shares of common stock issued upon the vesting of outstanding performance stock units that were subject to performance criteria other than the issuer's stock price.
- [F2]Represents shares held by several trusts of which Mr. Dueser is trustee, settlor and beneficiary.
- [F3]In connection with the vesting on March 18, 2024, of 9,814 performance stock units previously granted to Mr. Dueser on August 16, 2021, Mr. Dueser's receipt of 9,814 shares of common stock was deferred resulting in Mr. Dueser's receipt instead of 9,814 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mr. Dueser is therefore reporting the disposition of 9,814 performance stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Dueser's termination of employment.
- [F4]Represents shares that are owned by a family limited partnership of which Mr. Dueser serves as manager of the general partner and to which he disclaims beneficial ownership with respect to 372,003 shares. This report should not be deemed an admission that Mr. Dueser is the beneficial owner of these shares for purposes of Section 16 or any other purpose.
- [F5]Represents shares that are owned by a family limited partnership of which Mr. Dueser serves as manager of the general partner and to which he disclaims beneficial ownership with respect to 319,636 shares. This report should not be deemed an admission that Mr. Dueser is the beneficial owner of these shares for purposes of Section 16 or any other purpose.
Documents
Issuer
FIRST FINANCIAL BANKSHARES INC
CIK 0000036029
Entity typeother
Related Parties
1- filerCIK 0001243211
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 3:58 PM ET
- Size
- 12.1 KB