David D. Brown - 24 May 2022 Form 4 Insider Report for FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)

Role
Chief Financial Officer
Signature
David D. Brown by: Sarah W. Harmon (His Attorney-in-Fact)
Issuer symbol
FCBC
Transactions as of
24 May 2022
Net transactions value
$0
Form type
4
Filing time
26 May 2022, 16:04:03 UTC
Previous filing
31 Mar 2022
Next filing
07 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FCBC COMMON STOCK 17,211 24 May 2022 Direct
holding FCBC COMMON STOCK 3,217 24 May 2022 By Employee Stock Ownership & Savings Plan
holding FCBC COMMON STOCK 1,550 24 May 2022 IRA
holding FCBC COMMON STOCK 6,400 24 May 2022 By 401K Wrap

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 RESTRICTED STOCK UNITS Award $0 +2,727 $0.000000 2,727 24 May 2022 COMMON STOCK 2,727 Direct F1, F2
holding FCBC STOCK OPTION 7,455 24 May 2022 COMMON STOCK 7,455 $33.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of First Community Bankshares Inc. common stock, or at the reporting persons election, the cash value thereof. The restricted stock units cliff vest on May 24, 2025 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for years ending December 31, 2022, 2023 and 2024 and the continued employment of the reporting person.
F2 The restricted stock units vest in three years.
F3 Stock options vest in three equal installments over three years beginning with 03/31/2022.