Chimin J. Chao - Dec 31, 2021 Form 4 Insider Report for FIRST COMMUNITY CORP /SC/ (FCCO)

Role
Director
Signature
D. SHAWN JORDAN, AS ATTORNEY-IN-FACT
Stock symbol
FCCO
Transactions as of
Dec 31, 2021
Transactions value $
$5,045
Form type
4
Date filed
1/4/2022, 03:49 PM
Previous filing
Oct 1, 2021
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCCO Common Stock Award $5.04K +243 +0.31% $20.76 77.7K Dec 31, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has elected to defer compensation in the form of deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"). Pursuant to the terms of the Plan, the reporting person was credited with 243 deferred stock units, based on the amount of compensation deferred by the reporting person under the Plan during the fourth quarter of 2021 divided by the First Community Corporation common stock consolidated closing bid price of $20.76 on December 31, 2021.
F2 Includes 38,591 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 214 deferred stock units credited pursuant to the terms of the Plan as dividend equivalents during the fourth quarter of 2021. Deferred stock units under the Plan receive dividend equivalents in the form of additional deferred stock units, and shares of First Community Corporation common stock will be issued on a one-for-one basis in respect of deferred stock units upon a distribution from the Plan.