Steven B. Crockett - 31 Dec 2021 Form 4 Insider Report for SOUTH PLAINS FINANCIAL, INC. (SPFI)

Role
CFO and Treasurer
Signature
/s/ By Mikella D. Newsom as Attorney-in-Fact for Steven B Crockett
Issuer symbol
SPFI
Transactions as of
31 Dec 2021
Net transactions value
-$31,346
Form type
4
Filing time
04 Jan 2022, 17:51:31 UTC
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPFI Common Stock Options Exercise $33,090 +3,000 +12% $11.03 28,524 31 Dec 2021 Direct F1
transaction SPFI Common Stock Tax liability $45,442 -1,627 -5.7% $27.93 26,897 31 Dec 2021 Direct F1
transaction SPFI Common Stock Tax liability $18,994 -683 -2.5% $27.81 26,214 03 Jan 2022 Direct F1
holding SPFI Common Stock 31,514 31 Dec 2021 By ESOP F2
holding SPFI Common Stock 113 31 Dec 2021 By 401(k) F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPFI Stock Options (Right to Buy) Options Exercise $0 -3,000 -100% $0.000000* 0 31 Dec 2021 Common Stock 3,000 $11.03 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 held by the South Plains Financial, Inc. Employee Stock Ownership Plan ("ESOP") and allocated to the Reporting Person's account.
F3 Shares held in the Reporting Person's account under the City Bank 401(k) Plan.
F4 These were fully exercisable on date of grant.