SEC Form 4 · accession 0001209191-18-056129
FIRST FINANCIAL BANKSHARES INC · FFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Gragg
Officer — Executive Vice President
Period of report
Oct 23, 2018
Accepted (ET)
Oct 25, 2018 · 12:00 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 23, 2018 | A | 1,355 | $0.00 | A | 46,722 | D | |
| Common StockF2 | Oct 23, 2018 | F | 486 | $55.34 | D | 46,236 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 23,2018, First Financial Bankshares, Inc. granted the reporting person restricted stock totaling 1,355 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 reporting person elected, in accordance with the Registrant's 2015 Restricted Stock Plan, to exercise his right to have the Registrant withhold 486 shares of the Registrant's common stock to pay income taxes related to vesting of previously granted restricted stock.