M. Adam Sarver - May 23, 2024 Form 4 Insider Report for FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)

Role
Director
Signature
M. Adam Sarver by: Sarah W. Harmon (His Attorney-in-Fact)
Stock symbol
FCBC
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/23/2024, 10:21 AM
Previous filing
May 25, 2023
Next filing
May 31, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCBC COMMON STOCK Options Exercise +1.23K +1.1% 113K May 23, 2024 Direct F1
transaction FCBC COMMON STOCK Disposed to Issuer -1.23K -1.09% 112K May 23, 2024 Direct F1, F2
holding FCBC COMMON STOCK 872 May 23, 2024 Wife
holding FCBC COMMON STOCK 42K May 23, 2024 By Longview Properties, LLC F3
holding FCBC COMMON STOCK 2K May 23, 2024 Direct 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 FCBC RESTRICTED STOCK UNITS Options Exercise $0 -1.23K -100% $0.00* 0 May 23, 2024 COMMON STOCK 1.23K Direct F1
holding FCBC STOCK OPTION 3.96K May 23, 2024 COMMON STOCK 3.96K $33.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of First Community Bankshares Inc. common stock, or at the reporting persons election, the cash value thereof. The restricted stock units vest in one installment on May 23, 2024.
F2 The reporting person settled these shares in cash upon vesting.
F3 Holds a 50% ownership in the company.
F4 Mr. Sarver is the custodian of his daughters' accounts.
F5 Stock options vest in three equal installments over three years beginning with 03/31/2022.