SEC Form 4 · accession 0001209191-17-044515
FIRST FINANCIAL BANKSHARES INC · FFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirk W Thaxton
Officer — Trust Company CEO
Period of report
Jun 12, 2017
Accepted (ET)
Jul 10, 2017 · 1:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000036029
Table I — non-derivative securities
No Table I lines on this filing.
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 BuyF1 | $42.35 | Jun 12, 2017 | A | 10,000 | A | Jun 12, 2019 | Jun 12, 2027 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1On June 12, 2017, First Financial Bankshares, Inc. granted the reporting person options to purchase 10,000 shares of the Company's common stock at $42.35 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.