Form 4 for SPFI SOUTH PLAINS FINANCIAL, INC.
Accepted 2023-01-04 00:00:00 ET · period of report 2019-05-06 · accession 0001775278-23-000001 · 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 | 2023-01-04 | 2021-12-31+ | SPFI | Newsom Mikella D | CRO, Sec | F - Tax | $27.93 | -6,578 | 1,340 | -83% | -$183.7K |
| DI | 2023-01-04 | 2022-03-15 | SPFI | Newsom Mikella D | CRO, Sec | A - Grant | $0.00 | +620 | 1,930 | +47% | $0 |
| DMI | 2023-01-04 | 2021-12-31+ | SPFI | Newsom Mikella D | CRO, Sec | M - OptEx | $17.99 | +9,000 | 6,460 | New | +$161.9K |
| D | 2023-01-04 | 2022-12-30 | SPFI | Newsom Mikella D | CRO, Sec | F - Tax | $27.93 | -3,418 | 9,537 | -26% | -$95.5K |
| D | 2023-01-04 | 2022-12-30 | SPFI | Newsom Mikella D | CRO, Sec | M - OptEx | $19.05 | +4,500 | 13.0K | +53% | +$85.7K |
| DMI | 2023-01-04 | 2019-05-06 | SPFI | Newsom Mikella D | CRO, Sec | A - Grant | $0.00 | +34.3K | 2,063 | New | $0 |
| DMI | 2023-01-04 | 2021-12-31+ | SPFI | Newsom Mikella D | CRO, Sec | M - OptEx | $0.00 | -9,000 | 0 | -100% | $0 |
| D | 2023-01-04 | 2022-12-30 | SPFI | Newsom Mikella D | CRO, Sec | M - OptEx | $0.00 | -4,500 | 0 | -100% | $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 | 2022-12-30 | F | D | 3,418 | $27.93 | 3,042 | I By Spouse | — | — | (F1) Shares owned by the Reporting Person's spouse, who is also an employee of the Issuer. |
| 2 | Common | Common Stock | 2022-03-15 | A | A | 620 | $0.00 | 1,930 | I By Spouse | — | — | (F1) Shares owned by the Reporting Person's spouse, who is also an employee of the Issuer. |
| 3 | Common | Common Stock | 2021-12-31 | F | D | 3,160 | $27.93 | 1,340 | I By Spouse | — | — | (F1) Shares owned by the Reporting Person's spouse, who is also an employee of the Issuer. |
| 4 | Common | Common Stock | 2021-12-31 | M | A | 4,500 | $16.93 | 4,500 | I By Spouse | — | — | (F1) Shares owned by the Reporting Person's spouse, who is also an employee of the Issuer. |
| 5 | Common | Common Stock | 2022-12-30 | F | D | 3,418 | $27.93 | 9,537 | D | — | — | (F2) 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. |
| 6 | Common | Common Stock | 2022-12-30 | M | A | 4,500 | $19.05 | 6,460 | I By Spouse | — | — | (F1) Shares owned by the Reporting Person's spouse, who is also an employee of the Issuer. |
| 7 | Common | Common Stock | 2022-12-30 | M | A | 4,500 | $19.05 | 12,955 | D | — | — | (F3) Effective September 12, 2022, SPFI eliminated the SPFI stock fund as an investment alternative available under the City Bank 401(k) Plan (the "401(k) Plan"). As a result, the 180 shares of SPFI common stock the Reporting Person previously reported as beneficially owned under the 401(k) Plan were liquidated. (F2) 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. |
| 8 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 3,000 | $0.00 | 3,000 | I By Spouse | $12.24 · — to 2027-12-31 | 3,000 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| 9 | Derivative | Stock Options (Right to Buy) | 2022-12-30 | M | D | 4,500 | $0.00 | 0 | I By Spouse | $19.05 · — to 2022-12-31 | 4,500 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F7) These were fully exercisable on date of grant. |
| 10 | Derivative | Stock Options (Right to Buy) | 2021-12-31 | M | D | 4,500 | $0.00 | 0 | I By Spouse | $16.93 · — to 2021-12-31 | 4,500 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F7) These were fully exercisable on date of grant. |
| 11 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 2,064 | $0.00 | 2,064 | I By Spouse | $19.62 · — to 2031-02-24 | 2,064 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| 12 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 3,000 | $0.00 | 3,000 | I By Spouse | $10.33 · — to 2023-12-31 | 3,000 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| 13 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 3,000 | $0.00 | 3,000 | I By Spouse | $5.88 · — to 2024-12-31 | 3,000 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| 14 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 3,000 | $0.00 | 3,000 | I By Spouse | $8.60 · — to 2025-12-31 | 3,000 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| 15 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 3,000 | $0.00 | 3,000 | I By Spouse | $10.93 · — to 2026-12-31 | 3,000 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| 16 | Derivative | Stock Options (Right to Buy) | 2022-12-30 | M | D | 4,500 | $0.00 | 0 | D | $19.05 · — to 2022-12-31 | 4,500 Common Stock | (F7) These were fully exercisable on date of grant. |
| 17 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 3,000 | $0.00 | 3,000 | I By Spouse | $13.88 · — to 2028-12-31 | 3,000 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| 18 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 4,500 | $0.00 | 4,500 | I By Spouse | $16.93 · — to 2021-12-31 | 4,500 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F7) These were fully exercisable on date of grant. |
| 19 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 4,500 | $0.00 | 4,500 | I By Spouse | $19.05 · — to 2022-12-31 | 4,500 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F7) These were fully exercisable on date of grant. |
| 20 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 3,158 | $0.00 | 3,158 | I By Spouse | $16.00 · — to 2029-08-21 | 3,158 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| 21 | Derivative | Stock Options (Right to Buy) | 2019-05-06 | A | A | 2,063 | $0.00 | 2,063 | I By Spouse | $20.93 · — to 2030-02-19 | 2,063 Common Stock | (F6) Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. (F5) 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |