Newsom Cory T 4

4 · SOUTH PLAINS FINANCIAL, INC. · Filed Jan 3, 2025

Form 4

Period: 2024-12-31

DirectorPresident

Transactions

Exercise/Conversion
Common Stock
[F1]
2024-12-31$5.88/sh+9,000$52,920→ 283,588 total
Tax Payment
Common Stock
[F1]
2024-12-31$34.53/sh−3,351$115,710→ 280,237 total
Tax Payment
Common Stock
2025-01-02$34.83/sh−2,372$82,617→ 277,865 total
Award
Common Stock
[F1]
2025-01-03$34.01/sh+7,350$249,973→ 285,215 total
Exercise/Conversion
Stock Options (Right to Buy)
[F3]
2024-12-31−9,000→ 0 total
Exercise: $5.88Exp: 2024-12-31→ Common Stock (9,000 underlying)
Award
Stock Options (Right to Buy)
[F4]
2025-01-03+18,880→ 18,880 total
Exercise: $34.01Exp: 2035-01-03→ Common Stock (18,880 underlying)

Holdings

Footnotes (4)

[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]These were fully exercisable on date of grant to the Reporting Person.
[F4]25% of the stock options vest on the first anniversary of January 3, 2025; thereafter, the remaining vest pro rata on a month 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.

Signature

/s/ By Mikella D. Newsom as Attorney-in-Fact for Cory T. Newsom|2025-01-03

Documents

1 file