Home/Filings/4/0001775199-24-000001
4//SEC Filing

Newsom Cory T 4

Accession 0001775199-24-000001

CIK 0001163668other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 6:25 PM ET

Size

15.8 KB

Accession

0001775199-24-000001

Insider Transaction Report

Form 4
Period: 2023-12-29
Newsom Cory T
DirectorPresident
Transactions
  • Tax Payment

    Common Stock

    2024-01-02$28.96/sh2,550$73,848274,588 total
  • Exercise/Conversion

    Common Stock

    2023-12-29$10.33/sh+9,000$92,970273,182 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2023-12-299,0000 total
    Exercise: $10.33Exp: 2023-12-31Common Stock (9,000 underlying)
  • Tax Payment

    Common Stock

    2023-12-29$29.58/sh4,570$135,181268,612 total
  • Award

    Common Stock

    2024-01-02$29.32/sh+8,526$249,982277,138 total
  • Award

    Stock Options (Right to Buy)

    2024-01-02+19,85719,857 total
    Exercise: $29.32Exp: 2034-01-02Common Stock (19,857 underlying)
Holdings
  • Common Stock

    (indirect: By Children)
    750
  • Common Stock

    (indirect: By Spouse)
    643
Footnotes (5)
  • [F1]The shares reported include restricted stock units that may be settled only by delivery of an equal number of shares of common stock and which are subject to vesting and forfeiture conditions.
  • [F2]Shares owned by the Reporting Person's spouse.
  • [F3]Shares held for the benefit of the Reporting Person's child.
  • [F4]The stock options were fully vested and exercisable on the date of grant to the Reporting Person.
  • [F5]25% of the stock options vest on the first anniversary of January 1, 2024; thereafter, the remaining stock options vest pro rata on a monthly basis over the next 36 months. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the Reporting Person's disability, (ii) the Reporting Person's death, and (iii) immediately prior to a change in control of the Issuer.

Issuer

SOUTH PLAINS FINANCIAL, INC.

CIK 0001163668

Entity typeother

Related Parties

1
  • filerCIK 0001775199

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 6:25 PM ET
Size
15.8 KB