Derek A. Bonnett - 27 May 2025 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
27 May 2025
Net transactions value
-$38,049
Form type
4
Filing time
29 May 2025, 15:42:02 UTC
Previous filing
31 Jan 2025
Next filing
02 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bonnett Derek A Chief Risk Officer PO BOX 989, BLUEFIELD Derek A. Bonnett by: Sarah W. Harmon (His Attorney-in-Fact) 29 May 2025 0001902942

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCBC COMMON STOCK Options Exercise +1,618 +124% 2,926 27 May 2025 Direct F1
transaction FCBC COMMON STOCK Tax liability $38,049 -1,009 -34% $37.71 1,917 27 May 2025 Direct
holding FCBC COMMON STOCK 1,272 27 May 2025 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 RESTRICTED STOCK UNITS Options Exercise $0 -1,618 -100% $0.000000 0 27 May 2025 COMMON STOCK 1,618 Direct F1
transaction FCBC RESTRICTED STOCK UNITS Award $0 +1,888 $0.000000 1,888 28 May 2025 COMMON STOCK 1,888 Direct F6
holding FCBC RESTRICTED STOCK UNITS 2,151 27 May 2025 COMMON STOCK 2,151 Direct F3
holding FCBC STOCK OPTION 977 27 May 2025 COMMON STOCK 977 $33.00 Direct F4
holding FCBC RESTRICTED STOCK UNITS 1,667 27 May 2025 COMMON STOCK 1,667 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converted into one share of First Community Bankshares Inc. common stock. The restricted stock units cliff vested on May 27, 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.
F2 Shares were acquired due to nondiscretionary company contribution and allocation under 401(k) plan as well as 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 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.
F4 Stock options vest in three equal installments over three years beginning with 03/31/2022.
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 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. 30% of the restricted stock units cliff vest on May 28, 2028, and 70% of the units vest based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2028. All vesting is contingent upon the continued employment of the reporting person.