Mikella D. Newsom - Mar 15, 2023 Form 4 Insider Report for SOUTH PLAINS FINANCIAL, INC. (SPFI)

Role
Chief Risk Officer & Secretary
Signature
/s/ Mikella D. Newsom
Stock symbol
SPFI
Transactions as of
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/22/2023, 06:26 PM
Previous filing
Feb 21, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPFI Common Stock Award $0 +549 +3.7% $0.00 15.4K Mar 15, 2023 By Spouse F1, F2
holding SPFI Common Stock 26.1K Mar 15, 2023 Direct F1
* 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 Since the date of the Reporting Person's last report, 11,814 shares previously owned through South Plains Financial, Inc's Employee Stock Ownership Plan (the "ESOP") were rolled over into a self-directed individual retirement account and, therefore, are now owned directly by the Reporting Person's spouse.

Remarks:

REPORTING PERSON'S SPOUSE'S TRANSACTIONS: This Form 4 is late with respect to reporting holdings of shares of common stock of the Issuer by the Reporting Person's spouse. The Reporting Person did not timely report these holdings by the Reporting Person's spouse due to inadvertent administrative error.