Jason R. Belcher - Nov 8, 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
Nov 8, 2024
Transactions value $
-$53,120
Form type
4
Date filed
11/12/2024, 09:40 AM
Previous filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCBC COMMON STOCK Options Exercise $244K +7.38K +51.58% $33.00 21.7K Nov 8, 2024 Direct
transaction FCBC COMMON STOCK Sale -$297K -6.38K -29.42% $46.49 15.3K Nov 8, 2024 Direct F1
holding FCBC COMMON STOCK 4.2K Nov 8, 2024 By Employee Stock Ownership & Savings Plan F2

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 STOCK OPTION Options Exercise $0 -7.38K -100% $0.00 0 Nov 8, 2024 COMMON STOCK 7.38K $33.00 Direct F7
holding FCBC RESTRICTED STOCK UNITS 2.73K Nov 8, 2024 COMMON STOCK 2.73K Direct F3, F4
holding FCBC RESTRICTED STOCK UNITS 3.13K Nov 8, 2024 COMMON STOCK 3.13K Direct F4, F5
holding FCBC RESTRICTED STOCK UNITS 2.43K Nov 8, 2024 COMMMON STOCK 2.43K Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sold 155 shares @ $46.40, 450 shares @ $46.41, 992 shares @ $46.42, 58 shares @ $46.44, 198 shares @ $46.49, 2,595 @ $46.50, 950 shares @ $46.52, 230 shares @ $46.53, 50 shares @ $46.55, and 706 shares @ $46.60
F2 Shares increased due to quarterly dividend reinvestment.
F3 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.
F4 The restricted stock units vest in three years.
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 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.
F6 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.
F7 Stock options vest in three equal installments over three years beginning with 03/31/2022.