4//SEC Filing
BELCHER JASON R 4
Accession 0001415889-25-014823
CIK 0000859070other
Filed
May 28, 8:00 PM ET
Accepted
May 29, 3:39 PM ET
Size
15.9 KB
Accession
0001415889-25-014823
Insider Transaction Report
Form 4
BELCHER JASON R
SVP-Chief Admin Officer
Transactions
- Exercise/Conversion
RESTRICTED STOCK UNITS
2025-05-27−2,727→ 0 total→ COMMON STOCK (2,727 underlying) - Award
RESTRICTED STOCK UNITS
2025-05-28+2,332→ 2,332 total→ COMMON STOCK (2,332 underlying) - Exercise/Conversion
COMMON STOCK
2025-05-27+2,727→ 18,044 total - Tax Payment
COMMON STOCK
2025-05-27$37.71/sh−1,159$43,706→ 16,885 total
Holdings
- 4,757(indirect: By Employee Stock Ownership & Savings Plan)
COMMON STOCK
- 3,132
RESTRICTED STOCK UNITS
→ COMMON STOCK (3,132 underlying) - 2,427
RESTRICTED STOCK UNITS
→ COMMMON STOCK (2,427 underlying)
Footnotes (5)
- [F1]Each restricted stock unit converted into one share of First Community Bankshares Inc. common stock. The restricted stock units cliff vested on May 27, 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.
- [F2]Shares were acquired due to nondiscretionary company contribution and allocation under 401(k) plan as well as quarterly dividend reinvestment.
- [F3]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.
- [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 29, 2027 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2027 and the continued employment of the reporting person.
- [F5]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. 30% of the restricted stock units cliff vest on May 28, 2028, and 70% of the units vest based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2028. All vesting is contingent upon the continued employment of the reporting person.
Documents
Issuer
FIRST COMMUNITY BANKSHARES INC /VA/
CIK 0000859070
Entity typeother
Related Parties
1- filerCIK 0001681136
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 3:39 PM ET
- Size
- 15.9 KB