Form 4 for SPFI SOUTH PLAINS FINANCIAL, INC.
Accepted 2023-02-21 00:00:00 ET · period of report 2023-02-16 · accession 0001775189-23-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-21 | 2023-02-16 | SPFI | Crockett Steven B | CFO, Treas | A - Grant | $0.00 | +2,493 | 65.8K | +4% | $0 |
| D | 2023-02-21 | 2023-02-16 | SPFI | Crockett Steven B | CFO, Treas | F - Tax | $27.51 | -578 | 65.3K | -0.9% | -$15.9K |
| D | 2023-02-21 | 2023-02-16 | SPFI | Crockett Steven B | CFO, Treas | A - Grant | $0.00 | +12.9K | 12.9K | New | $0 |
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 | 2023-02-16 | A | A | 2,493 | $0.00 | 65,834 | D | — | — | (F1) The shares reported include restricted stock units that may be settled only by delivery of an equal number of shares of common stock and which are subject to vesting and forfeiture conditions. (F2) Since the date of the Reporting Person's last report, 31,798 shares previously owned through the South Plains Financial, Inc. Employee Stock Ownership Plan were rolled over into a self-directed individual retirement account and, therefore, are now owned directly by the Reporting Person. |
| 2 | Common | Common Stock | 2023-02-16 | F | D | 578 | $27.51 | 65,256 | D | — | — | (F1) The shares reported include restricted stock units that may be settled only by delivery of an equal number of shares of common stock and which are subject to vesting and forfeiture conditions. |
| 3 | Derivative | Stock Options (Right to Buy) | 2023-02-16 | A | A | 12,898 | $0.00 | 12,898 | D | $27.27 · — to 2033-02-16 | 12,898 Common Stock | (F3) 25% of the stock options vest on each of the first four anniversaries of January 1, 2023. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the Reporting Person's disability, (ii) the Reporting Person's death, and (iii) immediately prior to a change in control of the Issuer. |