SEC Form 5 · accession 0000932781-16-000030

FIRST COMMUNITY CORP /SC/ · FCCO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1Under the First Community Corporation 2006 Non Employee Deferred Compensation Plan (the Plan) on or before December 31st of any calendar year, the reporting person may elect to defer all or any part of annual retainer fee and monthly meeting fees payable in respect of the following calendar year for service as a board of director. Units of common stock are credited to the reporting persons account at the time such compensation would otherwise be payable absent the election to defer equal to the fees payable divided by the fair market value of the stock. The plan provides the account balance will be distributed solely through a distribution of common stock. The plan has previously been filed on Form 8K and the person's participation in the plan has previously been reported by First Community Corporation in its annual proxy statement.
• F2The reporting person was not previously aware that, in addition to the previous disclosures by First Community Corporation, the reporting person is required to transaction reporting under Section 16 with respect to the number of shares allocable to the reporting person. The person is reporting on an aggregate basis on Form 5 in accordance with the SEC Interpretive Letter to the American Bar Association (February 10, 1999, Q3). Between January 2006 and December 31, 2015 the reporting person acquired 24,743 unit of common stock in the reporting persons account under the plan. The price at which units were acquired ranged from $5.75 to $18.12.