Sarah W. Harmon - 26 Nov 2021 Form 4 Insider Report for FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)

Role
SVP & General Counsel
Signature
/s/ Sarah W. Harmon
Issuer symbol
FCBC
Transactions as of
26 Nov 2021
Net transactions value
$0
Form type
4
Filing time
30 Nov 2021, 15:23:48 UTC
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCBC COMMON STOCK Disposed to Issuer -1,230 -20% 4,855 26 Nov 2021 Direct F1
holding FCBC COMMON STOCK 685 26 Nov 2021 By Employee Stock Ownership & Savings Plan

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 FCBC STOCK OPTION Award +5,157 5,157 26 Nov 2021 COMMON STOCK 5,157 $33.00 Direct F1, F3
holding FCBC STOCK OPTION 1,496 26 Nov 2021 COMMON STOCK 1,496 $20.15 Direct F2
holding FCBC STOCK OPTION 1,097 26 Nov 2021 COMMON STOCK 1,097 $24.72 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 26, 2021, the reporting person exchanged each of her unvested restricted stock awards for an equivalent 4.1931 unvested stock options per one restricted share, each with an exercise price equal to $33.00. These stock options will vest over a period of three years.
F2 The options are subject to cliff vesting three years from the date of grant.
F3 Stock options vest in three equal installments over three years beginning with 03/31/2022.