4//SEC Filing
Bonnett Derek A 4
Accession 0001415889-25-014825
CIK 0000859070other
Filed
May 28, 8:00 PM ET
Accepted
May 29, 3:42 PM ET
Size
17.3 KB
Accession
0001415889-25-014825
Insider Transaction Report
Form 4
Bonnett Derek A
Chief Risk Officer
Transactions
- Exercise/Conversion
COMMON STOCK
2025-05-27+1,618→ 2,926 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2025-05-27−1,618→ 0 total→ COMMON STOCK (1,618 underlying) - Tax Payment
COMMON STOCK
2025-05-27$37.71/sh−1,009$38,049→ 1,917 total - Award
RESTRICTED STOCK UNITS
2025-05-28+1,888→ 1,888 total→ COMMON STOCK (1,888 underlying)
Holdings
- 1,272(indirect: By Employee Stock Ownership & Savings Plan)
COMMON STOCK
- 2,151
RESTRICTED STOCK UNITS
→ COMMON STOCK (2,151 underlying) - 1,667
RESTRICTED STOCK UNITS
→ COMMON STOCK (1,667 underlying) - 977
STOCK OPTION
Exercise: $33.00From: 2022-03-31Exp: 2031-03-19→ COMMON STOCK (977 underlying)
Footnotes (6)
- [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]Stock options vest in three equal installments over three years beginning with 03/31/2022.
- [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. 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.
- [F6]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 0001902942
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 3:42 PM ET
- Size
- 17.3 KB