Brown David D 4
4 · FIRST COMMUNITY BANKSHARES INC /VA/ · Filed May 14, 2024
Insider Transaction Report
Form 4
Brown David D
Chief Financial Officer
Transactions
- Sale
COMMON STOCK
2024-05-13$35.25/sh−1,017$35,849→ 14,026 total
Holdings
- 4,151(indirect: By Employee Stock Ownership & Savings Plan)
COMMON STOCK
- 1,650(indirect: By IRA)
COMMON STOCK
- 9,914(indirect: By 401(k))
PHANTOM STOCK
→ COMMON STOCK (1,256 underlying) - 3,132
RESTRICTED STOCK UNITS
→ COMMON STOCK (3,132 underlying) - 2,727
RESTRICTED STOCK UNITS
→ COMMON STOCK (2,727 underlying) - 7,455
STOCK OPTION
Exercise: $33.00From: 2022-03-31Exp: 2031-03-19→ COMMON STOCK (7,455 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 the three years ending March 31, 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 23, 2026 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2026 and the continued employment of the reporting person.
- [F5]Stock options vest in three equal installments over three years beginning with 03/31/2022.