Kirk W. Thaxton - Aug 16, 2022 Form 4 Insider Report for FIRST FINANCIAL BANKSHARES INC (FFIN)

Role
Trust Company CEO
Signature
By: James R. Gordon Attorney in Fact for Kirk W. Thaxton
Stock symbol
FFIN
Transactions as of
Aug 16, 2022
Transactions value $
-$4,625
Form type
4
Date filed
8/18/2022, 04:52 PM
Previous filing
Feb 8, 2022
Next filing
Sep 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIN Common Stock Tax liability -$4.62K -98 -0.12% $47.19 85K Aug 16, 2022 Direct F1
transaction FFIN Common Stock Award $0 +1.28K +1.51% $0.00 86.3K Aug 16, 2022 Direct F2
holding FFIN Common Stock 330 Aug 16, 2022 By Spouse

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 FFIN Employee Stock Option, Right to Buy Award $0 +5.25K $0.00 5.25K Aug 16, 2022 Common Stock 5.25K $47.19 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected, in accordance with the Registrant's 2021 Omnibus Stock and Incentive Plan, to exercise his right to have the Registrant withhold 98 shares of the Registrant's common stock to pay income taxes related to vesting of previously granted restricted stock units.
F2 Reflects grant of restricted stock units (RSUs) which vest in three approximately equal installments on each of the three anniversaries of the grant date.
F3 The options vest 20% after one year from the grant date, 40% after the second year, 60% after the third year, 80% after the fourth year and 100% after the fifth year.