C. William Davis - Dec 2, 2021 Form 4 Insider Report for FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)

Role
Director
Signature
C. William Davis by: Sarah W. Harmon (His Attorney-in-Fact)
Stock symbol
FCBC
Transactions as of
Dec 2, 2021
Transactions value $
$59,227
Form type
4
Date filed
12/3/2021, 03:15 PM
Previous filing
Nov 30, 2021
Next filing
Dec 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCBC COMMON STOCK Options Exercise $59.2K +4.91K +55.99% $12.07 13.7K Dec 2, 2021 Direct
holding FCBC COMMON STOCK 3.18K Dec 2, 2021 IRA

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 Options Exercise $0 -4.91K -100% $0.00* 0 Dec 2, 2021 COMMON STOCK 4.91K $12.07 Direct F1
holding FCBC PHANTOM STOCK 4.73K Dec 2, 2021 COMMON STOCK 4.73K By FCB Director Deferred Compensation Plan F2
holding FCBC STOCK OPTION 3.96K Dec 2, 2021 COMMON STOCK 3.96K $33.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options are subject to cliff vesting three years from the date of grant or at the retirement of the director, whichever comes first.
F2 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.
F3 Stock options vest in three equal installments over three years beginning with 03/31/2022.