Newsom Cory T 4

4 · SOUTH PLAINS FINANCIAL, INC. · Filed Jan 3, 2024

Form 4

Period: 2023-12-29

DirectorPresident

Transactions

Tax Payment
Common Stock
2024-01-02$28.96/sh−2,550$73,848→ 274,588 total
Exercise/Conversion
Common Stock
2023-12-29$10.33/sh+9,000$92,970→ 273,182 total
Exercise/Conversion
Stock Options (Right to Buy)
2023-12-29−9,000→ 0 total
Exercise: $10.33Exp: 2023-12-31→ Common Stock (9,000 underlying)
Tax Payment
Common Stock
2023-12-29$29.58/sh−4,570$135,181→ 268,612 total
Award
Common Stock
2024-01-02$29.32/sh+8,526$249,982→ 277,138 total
Award
Stock Options (Right to Buy)
2024-01-02+19,857→ 19,857 total
Exercise: $29.32Exp: 2034-01-02→ Common Stock (19,857 underlying)

Holdings

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.

Documents

1 file