SEC Form 4 · accession 0001209191-15-017934
FIRST COMMUNITY BANKSHARES INC /VA/ · FCBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Scott Johnson
Director
Period of report
Feb 24, 2015
Accepted (ET)
Feb 24, 2015 · 5:33 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 STOCKF1 | Feb 24, 2015 | C | 3,450 | $0.00 | A | 24,550 | D | |
| COMMON STOCK | holding | — | — | — | 1,582 | D |
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,F3 | — | Feb 24, 2015 | C | 50 | D | May 20, 2011 | — | COMMON STOCK | 3,450 | 0 | D |
| STOCK OPTIONF4 | $12.07 | holding | — | — | — | Dec 19, 2011 | Dec 19, 2021 | COMMON STOCK | 9,785 | 9,785 | D |
| STOCK OPTION | $29.10 | holding | — | — | — | Dec 3, 2008 | Dec 3, 2018 | COMMON STOCK | 6,050 | 6,050 | D |
Explanation of responses
- F1Owned jointly with spouse.
- F2Insider received the underlying security in exchange for the convertible security.
- F3Each 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.
- F4The options are subject to cliff vesting three years from the date of grant or at the retirement of the director, whichever comes first.