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FIRST COMMUNITY CORP /SC/ — Director's Dealing 2024
Feb 22, 2024
33631_dirs_2024-02-22_b1cbf6ec-decf-40d4-a09e-a29905a4ae83.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FIRST COMMUNITY CORP /SC/ (FCCO)
CIK: 0000932781
Period of Report: 2024-02-20
Reporting Person: Walker Jack W. (EVP and Chief Credit Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-20 | Common Stock | F | 531 | $17.06 | Disposed | 1350 | Direct |
| 2024-02-20 | Common Stock | A | 1924 | — | Acquired | 3274 | Direct |
| 2024-02-22 | Common Stock | F | 762 | $16.52 | Disposed | 2512 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-20 | Restricted Stock Units | $ | A | 1836 | Acquired | Common Stock (1836) | Direct |
Footnotes
F1: Shares withheld to satisfy tax withholding obligation applicable to the vesting of restricted stock.
F2: Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on March 12, 2021, under the First Community Corporation 2011 Stock Incentive Plan and vested upon achievement of performance goals for the applicable performance period.
F3: The performance-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the performance-based restricted stock units.
F4: Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
F5: Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
F6: The restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person.
F7: 1,362 restricted stock units cliff vest on February 17, 2025, at which time the vested shares will be delivered to the reporting person; 1,479 restricted stock units cliff vest on February 21, 2026, at which time the vested shares will be delivered to the reporting person; and 1,836 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person.