SEC Form 4 · accession 0001140361-16-056283
FIRST BANCSHARES INC /MS/ · FBMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M Ray Cole Jr.
Officer — PRESIDENT and CEO · Director
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 3:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000947559
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2016 | A | 575 | $0.00 | A | 66,115 | D | |
| Common StockF2 | Mar 1, 2016 | F | 1,495 | $18.00 | D | 64,620 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock grant, subject to forfeiture, vesting on 3-1-2021
- F2Includes 2,965 shares of restricted stock (remaining after 1,495 shares were surrendered for taxes) that were granted on 3-1-13 and vested on 3-1-16, but remain subject to delivery restrictions pursuant to the company's participation in the U.S. Treasury's Troubled Asset Relief Program.