F. Scott Dueser - 09 Jun 2021 Form 4 Insider Report for FIRST FINANCIAL BANKSHARES INC (FFIN)

Role
Chairman, President and CEO, Director
Signature
By: James R. Gordon Attorney in Fact for F. Scott Dueser
Issuer symbol
FFIN
Transactions as of
09 Jun 2021
Transactions value $
-$1,031,600
Form type
4
Filing time
10 Jun 2021, 12:12:42
Next filing
29 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIN Common Stock Sale -$1.03M -20K -3.6% $51.58 536K 09 Jun 2021 By Partnership F1, F2
holding FFIN Common Stock 895K 09 Jun 2021 By Trust F3
holding FFIN Common Stock 448K 09 Jun 2021 By Partnership F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale of the shares was made as part of the family limited partnership's diversification plan in connection with the manager's fiduciary obligations.
F2 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 402,003 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.
F3 Represents shares held by several trusts of which Mr. Dueser is trustee, settlor and beneficiary.
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 319,636 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.