Richard D. Campbell - Dec 13, 2023 Form 4 Insider Report for SOUTH PLAINS FINANCIAL, INC. (SPFI)

Role
Director
Signature
/s/ By Mikella D. Newsom as Attorney-in-Fact for Richard D. Campbell
Stock symbol
SPFI
Transactions as of
Dec 13, 2023
Transactions value $
-$1,496,000
Form type
4
Date filed
12/15/2023, 04:54 PM
Previous filing
Dec 4, 2023
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPFI Common Stock Sale -$1.5M -54.4K -3.31% $27.50 1.59M Dec 13, 2023 By Henry Taw LP F2, F3
holding SPFI Common Stock 8.14K Dec 13, 2023 Direct F1
holding SPFI Common Stock 40K Dec 13, 2023 By RIG LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported include restricted stock units that may be settled only by delivery of an equal number of shares of common stock and which are subject to vesting and forfeiture conditions.
F2 The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with a price of $27.50 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate transaction. The sales of these shares were effected in order for Henry TAW LP to maintain its historic ownership level of less than 10% of the outstanding shares of the Issuer.
F3 Shares owned by Henry TAW LP but subject to a voting agreement and irrevocable proxy pursuant to which Mr. Campbell exercises voting authority.
F4 Shares owned by Racham Investment Group LLC ("RIG LLC").