SEC Form 4 · accession 0001209191-19-018736
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
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 2:56 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 STOCKF1 | Mar 8, 2019 | A | 1,044 | $0.00 | A | 4,788 | D | |
| COMMON STOCK | holding | — | — | — | 3,176 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM STOCKF2 | — | holding | — | — | — | — | — | COMMON STOCK | 4,730 | 4,730 | I |
| STOCK OPTIONF3 | $12.07 | holding | — | — | — | Dec 19, 2011 | Dec 19, 2021 | COMMON STOCK | 4,907 | 4,907 | D |
Explanation of responses
- F1In addition to the stated transaction, the shares also increased due to quarterly dividend reinvestment.
- F2Each 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.
- F3The options are subject to cliff vesting three years from the date of grant or at the retirement of the director, whichever comes first.