F. Scott Dueser - 14 Aug 2024 Form 4 Insider Report for FIRST FINANCIAL BANKSHARES INC (FFIN)

Role
Chairman, President and CEO, Director
Signature
By: Michelle S. Hickox Attorney in Fact for F. Scott Dueser
Issuer symbol
FFIN
Transactions as of
14 Aug 2024
Transactions value $
$0
Form type
4
Filing time
15 Aug 2024, 11:46:05 UTC
Previous filing
01 Aug 2024
Next filing
20 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIN Common Stock Award $0 +14.3K +1.5% $0.00 965K 14 Aug 2024 By Trust F1, F2
holding FFIN Common Stock 408K 14 Aug 2024 By Partnership F3
holding FFIN Common Stock 496K 14 Aug 2024 By Partnership F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFIN Employee Stock Option, Right to Buy Award $0 +24.6K $0.00 24.6K 14 Aug 2024 Common Stock 24.6K $34.37 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects grant of restricted stock units (RSUs) which vest in three approximately equal installments on each of the three anniversaries of the grant date.
F2 Represents shares held by several trusts of which Mr. Dueser is trustee, settlor and beneficiary.
F3 Represents shares that are owned by a family limited partnership of which Mr. Dueser serves as manager of the general partner and to which he disclaims beneficial ownership with respect to 291,125 shares. This report should not be deemed an admission that Mr. Dueser is the beneficial owner of these shares for purposes of Section 16 or any other purpose.
F4 Represents shares that are owned by a family limited partnership of which Mr. Dueser serves as manager of the general partner and to which he disclaims beneficial ownership with respect to 372,003 shares. This report should not be deemed an admission that Mr. Dueser is the beneficial owner of these shares for purposes of Section 16 or any other purpose.
F5 The options vest 33.33% after one year from the grant date, 66.66% after the second year, and 100% after the third year.