T. Luke Longhofer - 16 Aug 2021 Form 4 Insider Report for FIRST FINANCIAL BANKSHARES INC (FFIN)

Role: Executive Vice President
Signature: By: James R. Gordon Attorney in Fact for T. Luke Longhofer
Issuer symbol: FFIN
Transactions as of: 16 Aug 2021
Net transactions value: $0
Form type: 4
Filing time: 18 Aug 2021, 17:18:15 UTC
Next filing: 03 Sep 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	Award	$0	+787	+4.3%	$0.000000	18,941	16 Aug 2021	Direct	F1

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	+2,964		$0.000000	2,964	16 Aug 2021	Common Stock	2,964	$48.91	Direct	F2

* 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	The options vest 20% after one year from the grant date, 40% after the second year, 60% after the third year, 80% after the fourth year and 100% after the fifth year.