David D. Brown - 11 Nov 2024 Form 4 Insider Report for FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)

Signature
David D. Brown by: Sarah W. Harmon (His Attorney-in-Fact)
Issuer symbol
FCBC
Transactions as of
11 Nov 2024
Net transactions value
-$109,028
Form type
4
Filing time
13 Nov 2024, 14:16:43 UTC
Previous filing
31 May 2024
Next filing
29 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCBC COMMON STOCK Sale $63,788 -1,350 -9.6% $47.25 12,676 11 Nov 2024 Direct
transaction FCBC COMMON STOCK Options Exercise $15,840 +480 +3.8% $33.00 13,156 11 Nov 2024 Direct
transaction FCBC COMMON STOCK Sale $23,280 -480 -3.6% $48.50 12,676 11 Nov 2024 Direct F1
transaction FCBC COMMON STOCK Options Exercise $83,160 +2,520 +20% $33.00 15,196 12 Nov 2024 Direct
transaction FCBC COMMON STOCK Sale $120,960 -2,520 -17% $48.00 12,676 12 Nov 2024 Direct
holding FCBC COMMON STOCK 1,650 11 Nov 2024 IRA
holding FCBC COMMON STOCK 4,216 11 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 -480 -6.4% $0.000000 6,975 11 Nov 2024 COMMON STOCK 480 $33.00 Direct F8
transaction FCBC STOCK OPTION Options Exercise $0 -2,520 -36% $0.000000 4,455 12 Nov 2024 COMMON STOCK 2,520 $33.00 Direct F8
holding FCBC PHANTOM STOCK 9,914 11 Nov 2024 COMMON STOCK 9,914 By 401k Wrap F3
holding FCBC RESTRICTED STOCK UNITS 2,727 11 Nov 2024 COMMON STOCK 2,727 Direct F4, F5
holding FCBC RESTRICTED STOCK UNITS 3,132 11 Nov 2024 COMMON STOCK 3,132 Direct F5, F6
holding FCBC RESTRICTED STOCK UNITS 2,427 11 Nov 2024 COMMON STOCK 2,427 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sold 478 shares @ $48.50 and 2 shares @ $48.51
F2 Shares increased due to quarterly dividend reinvestment.
F3 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of employment.
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 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.
F5 The restricted stock units vest in three years.
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 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.
F7 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.
F8 Stock options vest in three equal installments over three years beginning with 03/31/2022.