[Form 4] First Community Bankshares, Inc. (VA) Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
Net Buyer: 150 shares ($5,400)
Net Buy
8 txns
Insider
Brown David D
Role
Chief Financial Officer
Bought
150 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK | 2,786 | $35.77 | $100K |
| Purchase | COMMON STOCK | 150 | $36.00 | $5K |
| holding | RESTRICTED STOCK UNITS | -- | -- | -- |
| holding | STOCK OPTION | -- | -- | -- |
| holding | RESTRICTED STOCK UNITS | -- | -- | -- |
| holding | RESTRICTED STOCK UNIT | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
PHANTOM STOCK — 12,700 shares (Indirect, By 401k Wrap);
COMMON STOCK — 1,800 shares (Indirect, IRA);
RESTRICTED STOCK UNITS — 3,132 shares (Direct);
STOCK OPTION — 4,455 shares (Direct);
RESTRICTED STOCK UNIT — 2,332 shares (Direct);
COMMON STOCK — 12,676 shares (Direct)
Footnotes (1)
- 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. 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. Stock options vest in three equal installments over three years beginning with 03/31/2022. 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. 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.
