Elizabeth B. Bostian - Dec 31, 2021 Form 4 Insider Report for FIRST BANCORP /NC/ (FBNC)

Signature
/s/ Timothy S. Maples, Attorney-in-fact
Stock symbol
FBNC
Transactions as of
Dec 31, 2021
Transactions value $
$489,204
Form type
4
Date filed
1/3/2022, 04:08 PM
Previous filing
Nov 19, 2021
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FBNC Restricted Stock Tax liability -$10.8K -236 -5.88% $45.72 3.78K Dec 31, 2021 Direct F1
transaction FBNC Restricted Stock Award $500K +10.9K +289.39% $45.72 14.7K Dec 31, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that were withheld from gross shares previously awarded to satisfy estimated income taxes.
F2 The restricted common stock is subject to cliff vesting three years from the date of grant.