SEC Form 4 · accession 0001209191-16-110001
FIRST COMMUNITY BANKSHARES INC /VA/ · FCBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Schumacher
Officer — General Counsel
Period of report
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 3:40 pm EDT
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 | Mar 18, 2016 | A | 1,487 | $0.00 | A | 6,259 | D | |
| COMMON STOCKF1 | holding | — | — | — | 16,636 | I | By Employee Stock Ownership & Savings Plan | |
| COMMON STOCK | holding | — | — | — | 1,900 | I | By 401(k) Wrap Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTIONF2,F3 | $29.15 | holding | — | — | — | Dec 31, 2003 | — | COMMON STOCK | 9,266 | 9,266 | D |
| STOCK OPTIONF2,F3 | $19.80 | holding | — | — | — | Dec 31, 1999 | — | COMMON STOCK | 0 | 0 | D |
| STOCK OPTIONF2,F3 | $16.00 | holding | — | — | — | Dec 31, 2000 | — | COMMON STOCK | 0 | 0 | D |
| STOCK OPTIONF2,F3 | $13.94 | holding | — | — | — | Dec 31, 2001 | — | COMMON STOCK | 0 | 0 | D |
| STOCK OPTIONF2,F3 | $24.65 | holding | — | — | — | Dec 31, 2002 | — | COMMON STOCK | 3,970 | 3,970 | D |
Explanation of responses
- F1Shares increased due to nondiscretionary company contribution and allocation under 401(k) plan.
- F2Stock options vest and become exercisable in seven equal annual installments beginning with the date listed.
- F3Stock 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.