Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FFIN | Common Stock | Tax liability | -$2.89K | -98 | -0.11% | $29.53 | 89.9K | Aug 16, 2023 | Direct | F1 |
transaction | FFIN | Common Stock | Award | $0 | +2.82K | +3.14% | $0.00 | 92.8K | Aug 16, 2023 | Direct | F2 |
transaction | FFIN | Common Stock | Disposed to Issuer | -427 | -0.46% | 92.3K | Aug 16, 2023 | Direct | F3 | ||
holding | FFIN | Common Stock | 330 | Aug 16, 2023 | By Spouse |
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 | +9.92K | $0.00 | 9.92K | Aug 16, 2023 | Common Stock | 9.92K | $29.53 | Direct | F4 | |
transaction | FFIN | Deferred Stock Units | Award | +427 | 427 | Aug 16, 2023 | Common Stock | 427 | Direct | F3 |
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 | In connection with the vesting on August 16, 2023, of 427 restricted stock units previously granted to Mr. Thaxton on August 16, 2022, Mr. Thaxton's receipt of 427 shares of common stock was deferred resulting in Mr. Thaxton's receipt instead of 427 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mr. Thaxton is therefore reporting the disposition of 427 restricted stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Thaxton's termination of employment. |
F4 | The options vest 33.33% after one year from the grant date, 66.66% after the second year, and 100% after the third year. |