Jason R. Belcher - May 29, 2024 Form 4 Insider Report for FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)

Role
SVP-Chief Admin Officer
Signature
Jason R. Belcher by: Sarah W. Harmon (His Attorney-in-Fact)
Stock symbol
FCBC
Transactions as of
May 29, 2024
Transactions value $
$0
Form type
4
Date filed
5/31/2024, 11:52 AM
Previous filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FCBC COMMON STOCK 14.3K May 29, 2024 Direct
holding FCBC COMMON STOCK 4.17K May 29, 2024 By Employee Stock Ownership & Savings Plan F1

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 +2.43K $0.00 2.43K May 29, 2024 COMMMON STOCK 2.43K Direct F3, F5
holding FCBC RESTRICTED STOCK UNITS 2.73K May 29, 2024 COMMON STOCK 2.73K Direct F2, F3
holding FCBC RESTRICTED STOCK UNITS 3.13K May 29, 2024 COMMON STOCK 3.13K Direct F3, F4
holding FCBC STOCK OPTION 7.38K May 29, 2024 COMMON STOCK 7.38K $33.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were acquired due to nondiscretionary company contribution and allocation under 401(k) plan as well as quarterly dividend reinvestment.
F2 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 the three years ending March 31, 2025 and the continued employment of the reporting person.
F3 The restricted stock units vest in three years.
F4 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 23, 2026 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2026 and the continued employment of the reporting person.
F5 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 29, 2027 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2027 and the continued employment of the reporting person.
F6 Stock options vest in three equal installments over three years beginning with 03/31/2022.