SEC Form 4 · accession 0001209191-15-077260
FIRST FINANCIAL BANKSHARES INC · FFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marna Yerigan
Officer — Executive Vice President
Period of report
Oct 27, 2015
Accepted (ET)
Oct 29, 2015 · 3:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000036029
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 27, 2015 | A | 885 | $0.00 | A | 4,185 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option, Right to BuyF2 | $33.89 | Oct 27, 2015 | A | 6,000 | A | Oct 27, 2017 | Oct 27, 2025 | Common stock | 6,000 | 6,000 | D |
Explanation of responses
- F1On October 27,2015, First Financial Bankshares, Inc. granted the reporting person restricted stock totaling 885 shares. The restricted stock vests 33 1/3% at the end of one year, 66 2/3% at the end of two years, and 100% at the end of three years.
- F2On October 27, 2015, First Financial Bankshares, Inc. granted the reporting person options to purchase 6,000 shares of the Company's common stock at $33.89 per share. The options vest 20% at the end of two years, 40% at the end of three years, 60% at the end of four years, 80% at the end of five years and 100% at the end of six years.