SEC Form 4 · accession 0001209191-18-046708
FIRST COMMUNITY BANKSHARES INC /VA/ · FCBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E Stephen Lilly
Officer — Chief Operating Officer
Period of report
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 7:57 am 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 | Aug 13, 2018 | M | 3,300 | $19.80 | A | 17,926 | D | |
| COMMON STOCK | Aug 13, 2018 | S | 3,300 | $32.92 | D | 14,626 | D | |
| COMMON STOCK | Aug 14, 2018 | M | 4,251 | $19.80 | A | 18,877 | D | |
| COMMON STOCK | Aug 14, 2018 | S | 5,329 | $32.92 | D | 13,548 | D | |
| COMMON STOCK | Aug 14, 2018 | M | 1,078 | $13.94 | A | 14,626 | D | |
| COMMON STOCKF1 | holding | — | — | — | 2,704 | D | ||
| COMMON STOCK | holding | — | — | — | 7,011 | I | By Employee Stock Ownership & Savings Plan | |
| COMMON STOCK | holding | — | — | — | 7,050 | I | By 401(K) Wrap |
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,F4 | $19.80 | Aug 13, 2018 | M | 3,300 | D | Dec 31, 1999 | — | COMMON STOCK | 3,300 | 4,251 | D |
| STOCK OPTIONF2,F3,F4 | $19.80 | Aug 14, 2018 | M | 4,251 | D | Dec 31, 1999 | — | COMMON STOCK | 4,251 | 0 | D |
| STOCK OPTIONF2,F3,F4 | $13.94 | Aug 14, 2018 | M | 1,078 | D | Dec 31, 2001 | — | COMMON STOCK | 1,078 | 0 | D |
| STOCK OPTIONF2,F3,F4 | $24.65 | holding | — | — | — | Dec 31, 2002 | — | COMMON STOCK | 7,550 | 7,550 | D |
| STOCK OPTIONF2,F3,F4 | $29.15 | holding | — | — | — | Dec 31, 2003 | — | COMMON STOCK | 7,550 | 7,550 | D |
Explanation of responses
- F1IRA
- 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.
- F4The reporting person also corrected a rounding error reflected in previous reports.