C. William Davis - 02 Dec 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)
Issuer symbol
FCBC
Transactions as of
02 Dec 2021
Net transactions value
+$59,227
Form type
4
Filing time
03 Dec 2021, 15:15:02 UTC
Previous filing
30 Nov 2021
Next filing
27 Dec 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 Options Exercise $59,227 +4,907 +56% $12.07 13,670 02 Dec 2021 Direct
holding FCBC COMMON STOCK 3,176 02 Dec 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 -4,907 -100% $0.000000* 0 02 Dec 2021 COMMON STOCK 4,907 $12.07 Direct F1
holding FCBC PHANTOM STOCK 4,730 02 Dec 2021 COMMON STOCK 4,730 By FCB Director Deferred Compensation Plan F2
holding FCBC STOCK OPTION 3,958 02 Dec 2021 COMMON STOCK 3,958 $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.