SEC Form 4 · accession 0001209191-15-017343
FIRST COMMUNITY BANKSHARES INC /VA/ · FCBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Buzzo
Officer — Vice President & Secretary
Period of report
Feb 20, 2015
Accepted (ET)
Feb 23, 2015 · 5:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000859070
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Feb 20, 2015 | C | 1,725 | $0.00 | A | 1,725 | I | By 401(K) Wrap Plan |
| COMMON STOCK | holding | — | — | — | 6,425 | D | ||
| COMMON STOCK | holding | — | — | — | 19,232 | I | By Employee Stock Ownership & Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SERIES A NONCUMULATIVE CONVERTIBLE PREFERRED STOCKF1,F2 | — | Feb 20, 2015 | C | 25 | D | May 20, 2011 | — | COMMON STOCK | 1,725 | 0 | I |
| STOCK OPTIONF3,F4 | $19.80 | holding | — | — | — | Dec 31, 1999 | — | COMMON STOCK | 7,566 | 7,566 | D |
| STOCK OPTIONF3,F4 | $16.00 | holding | — | — | — | Dec 31, 2000 | — | COMMON STOCK | 7,566 | 7,566 | D |
| STOCK OPTIONF3,F4 | $13.94 | holding | — | — | — | Dec 31, 2001 | — | COMMON STOCK | 5,404 | 5,404 | D |
| STOCK OPTIONF3,F4 | $24.65 | holding | — | — | — | Dec 31, 2002 | — | COMMON STOCK | 7,566 | 7,566 | D |
| STOCK OPTIONF3,F4 | $29.15 | holding | — | — | — | Dec 31, 2003 | — | COMMON STOCK | 7,566 | 7,566 | D |
Explanation of responses
- F1Insider received the underlying security in exchange for the convertible security.
- F2Each share of preferred stock is convertible into 69 shares of common stock at any time at the option of the holder. If not converted sooner, the preferred stock is mandatorily convertible on May 20, 2016 and has no expiration date.
- F3Stock options vest and become exercisable in seven equal annual installments beginning with the date listed.
- F4Stock options are exercisable until 5 years after retirement at or after age 62, disability or death. If employment is terminated other than by retirement at or after 62, disability or death vested options must be exercised within 90 days after the effective date of termination. Any option not exercised within such period shall be deemed cancelled.