Form 4 for FFIN FIRST FINANCIAL BANKSHARES INC
Accepted 2023-08-18 00:00:00 ET · period of report 2023-08-16 · accession 0001209191-23-046568 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-08-18 | 2023-08-16 | FFIN | DUESER F SCOTT | COB, Pres, CEO, Dir | D - Sale to Iss | — | -6,736 | 952.9K | -0.7% | — |
| D | 2023-08-18 | 2023-08-16 | FFIN | DUESER F SCOTT | COB, Pres, CEO, Dir | A - Grant | — | +6,736 | 10.0K | +206% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-16 | D | D | 3,271 | — | 956,333 | I By Trust | — | — | (F1) In connection with the vesting on August 16, 2023, of 3,271 restricted stock units previously granted to Mr. Dueser on August 16, 2021, Mr. Dueser's receipt of 3,271 shares of common stock was deferred resulting in Mr. Dueser's receipt instead of 3,271 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mr. Dueser is therefore reporting the disposition of 3,271 restricted stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Dueser's termination of employment. (F2) Represents shares held by several trusts of which Mr. Dueser is trustee, settlor and beneficiary. |
| 2 | Common | Common Stock | 2023-08-16 | D | D | 3,465 | — | 952,868 | I By Trust | — | — | (F3) In connection with the vesting on August 16, 2023, of 3,465 restricted stock units previously granted to Mr. Dueser on August 16, 2022, Mr. Dueser's receipt of 3,465 shares of common stock was deferred resulting in Mr. Dueser's receipt instead of 3,465 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mr. Dueser is therefore reporting the disposition of 3,465 restricted stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Dueser's termination of employment. (F2) Represents shares held by several trusts of which Mr. Dueser is trustee, settlor and beneficiary. |
| 3 | Derivative | Deferred Stock Units | 2023-08-16 | A | A | 6,736 | — | 10,008 | D | — · — to — | 6,736 Common Stock | (F1) In connection with the vesting on August 16, 2023, of 3,271 restricted stock units previously granted to Mr. Dueser on August 16, 2021, Mr. Dueser's receipt of 3,271 shares of common stock was deferred resulting in Mr. Dueser's receipt instead of 3,271 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mr. Dueser is therefore reporting the disposition of 3,271 restricted stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Dueser's termination of employment. (F3) In connection with the vesting on August 16, 2023, of 3,465 restricted stock units previously granted to Mr. Dueser on August 16, 2022, Mr. Dueser's receipt of 3,465 shares of common stock was deferred resulting in Mr. Dueser's receipt instead of 3,465 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mr. Dueser is therefore reporting the disposition of 3,465 restricted stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Dueser's termination of employment. |