SEC Form 4 · accession 0001209191-17-057919
FIRST FINANCIAL BANKSHARES INC · FFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Scott Dueser
Officer — Chairman, President and CEO · Director
Period of report
Oct 24, 2017
Accepted (ET)
Oct 25, 2017 · 3:04 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,F2 | Oct 24, 2017 | A | 3,250 | $0.00 | A | 389,143 | I | By Trust |
| Common StockF3 | holding | — | — | — | 278,002 | I | By Partnership | |
| Common StockF4 | holding | — | — | — | 224,155 | I | By LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 24,2017, First Financial Bankshares, Inc. granted the reporting person restricted stock totaling 3,250 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.
- F2The total shares represented are held in various trusts of which Mr. Dueser is the trustee, settlor and beneficiary.
- F3Represents shares owned by a partnership of which Mr. Dueser is the manager. Mr. Dueser disclaims beneficial ownership with respect to 208,502 shares because he does not have a pecuniary interest in such shares. This report should not be deemed an admission that Mr. Dueser is the beneficial ownership of these shares for purposes of Section 16 or any other purpose.
- F4Represents shares owned by a limited liability company ("LLC") of which Mr. Dueser is the manager and sole member.