Form 4 for FFIN FIRST FINANCIAL BANKSHARES INC
Accepted 2024-03-20 00:00:00 ET · period of report 2024-03-18 · accession 0001209191-24-004978 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-03-20 | 2024-03-18 | FFIN | DUESER F SCOTT | COB, Pres, CEO, Dir | A - Grant | $0.00 | +9,814 | 960.9K | +1% | $0 |
| DI | 2024-03-20 | 2024-03-18 | FFIN | DUESER F SCOTT | COB, Pres, CEO, Dir | D - Sale to Iss | $0.00 | -9,814 | 951.1K | -1% | $0 |
| D | 2024-03-20 | 2024-03-18 | FFIN | DUESER F SCOTT | COB, Pres, CEO, Dir | A - Grant | — | -9,814 | 19.8K | -33% | — |
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 | 2024-03-18 | A | A | 9,814 | $0.00 | 960,879 | I By Trust | — | — | (F1) Represents shares of common stock issued upon the vesting of outstanding performance stock units that were subject to performance criteria other than the issuer's stock price. (F2) Represents shares held by several trusts of which Mr. Dueser is trustee, settlor and beneficiary. |
| 2 | Common | Common Stock | 2024-03-18 | D | D | 9,814 | $0.00 | 951,065 | I By Trust | — | — | (F3) In connection with the vesting on March 18, 2024, of 9,814 performance stock units previously granted to Mr. Dueser on August 16, 2021, Mr. Dueser's receipt of 9,814 shares of common stock was deferred resulting in Mr. Dueser's receipt instead of 9,814 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 9,814 performance 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 | 2024-03-18 | A | D | 9,814 | — | 19,822 | D | — · — to — | 9,814 Common Stock | (F3) In connection with the vesting on March 18, 2024, of 9,814 performance stock units previously granted to Mr. Dueser on August 16, 2021, Mr. Dueser's receipt of 9,814 shares of common stock was deferred resulting in Mr. Dueser's receipt instead of 9,814 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 9,814 performance 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. (F1) Represents shares of common stock issued upon the vesting of outstanding performance stock units that were subject to performance criteria other than the issuer's stock price. |