SEC Form 4 · accession 0001209191-18-055033
FIRST COMMUNITY BANKSHARES INC /VA/ · FCBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C William Davis
Director
Period of report
Oct 15, 2018
Accepted (ET)
Oct 16, 2018 · 10:24 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 | holding | — | — | — | 3,176 | I | IRA | |
| COMMON STOCK | holding | — | — | — | 3,685 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM STOCKF1 | — | Oct 15, 2018 | A | 35 | A | — | — | COMMON STOCK | 35 | 4,730 | I |
| STOCK OPTIONF2 | $12.07 | holding | — | — | — | Dec 19, 2011 | Dec 19, 2021 | COMMON STOCK | 4,907 | 4,907 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.
- F2The options are subject to cliff vesting three years from the date of grant or at the retirement of the director, whichever comes first.