Derek A. Bonnett - 29 May 2024 Form 4 Insider Report for FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)

Role
Chief Risk Officer
Signature
Derek A. Bonnett by: Sarah W. Harmon (His Attorney-in-Fact)
Issuer symbol
FCBC
Transactions as of
29 May 2024
Net transactions value
$0
Form type
4
Filing time
31 May 2024, 11:53:41 UTC
Previous filing
25 May 2023
Next filing
31 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FCBC COMMON STOCK 492 29 May 2024 Direct
holding FCBC COMMON STOCK 1,022 29 May 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 +1,667 $0.000000 1,667 29 May 2024 COMMON STOCK 1,667 Direct F3, F5
holding FCBC RESTRICTED STOCK UNITS 1,618 29 May 2024 COMMON STOCK 1,618 Direct F2, F3
holding FCBC RESTRICTED STOCK UNITS 2,151 29 May 2024 COMMON STOCK 2,151 Direct F3, F4
holding FCBC STOCK OPTION 816 29 May 2024 COMMON STOCK 816 $24.72 Direct F6
holding FCBC STOCK OPTION 977 29 May 2024 COMMON STOCK 977 $33.00 Direct F7
* 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 The options are subject to cliff vesting three years from the date of grant.
F7 Stock options vest in three equal installments over three years beginning with 03/31/2022.