Jason R. Belcher - 08 Nov 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)
Issuer symbol
FCBC
Transactions as of
08 Nov 2024
Net transactions value
-$53,120
Form type
4
Filing time
12 Nov 2024, 09:40:06 UTC
Previous filing
31 May 2024
Next filing
29 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCBC COMMON STOCK Options Exercise $243,672 +7,384 +52% $33.00 21,701 08 Nov 2024 Direct
transaction FCBC COMMON STOCK Sale $296,792 -6,384 -29% $46.49 15,317 08 Nov 2024 Direct F1
holding FCBC COMMON STOCK 4,200 08 Nov 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 -7,384 -100% $0.000000 0 08 Nov 2024 COMMON STOCK 7,384 $33.00 Direct F7
holding FCBC RESTRICTED STOCK UNITS 2,727 08 Nov 2024 COMMON STOCK 2,727 Direct F3, F4
holding FCBC RESTRICTED STOCK UNITS 3,132 08 Nov 2024 COMMON STOCK 3,132 Direct F4, F5
holding FCBC RESTRICTED STOCK UNITS 2,427 08 Nov 2024 COMMMON STOCK 2,427 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.