SEC Form 4 · accession 0001140361-17-004299
FIRST BANCSHARES INC /MS/ · FBMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
M Ray Cole Jr.
Officer — PRESIDENT AND CEO · Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 10:43 am 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 | Feb 1, 2017 | A | 10,717 | $0.00 | A | 75,853 | D | |
| COMMON STOCKF2 | Feb 1, 2017 | F | 2,567 | $27.65 | D | 73,286 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock grant, subject to forfeiture, vesting on 2-1-2022.
- F2Includes 5,535 shares of restricted stock (remaining after 2,567 shares were surrendered for taxes) that were granted on 2-1-14 and vested on 2-1-17. Mr. Cole's shares that have vested are no longer subject to delivery restrictions that were formerly required pursuant to the company's participation in the U.S. Treasury's Troubled Asset Relief Program. As of Dec. 6, 2016, the company no longer participates in the TARP Program.