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FIRST COMMUNITY CORP /SC/ — Director's Dealing 2025
Feb 19, 2025
33631_dirs_2025-02-19_a6ee3556-b37b-4fbe-8172-d05076cb0469.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: 2025-02-17
Reporting Person: Nissen Ted J (EVP and Chief Banking Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-17 | Common Stock | M | 2007 | — | Acquired | 34063 | Direct |
| 2025-02-17 | Common Stock | F | 996 | $27.3 | Disposed | 33067 | Direct |
| 2025-02-18 | Common Stock | A | 2579 | — | Acquired | 35646 | Direct |
| 2025-02-18 | Common Stock | F | 1277 | $26.84 | Disposed | 34369 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-17 | Restricted Stock Units | $ | M | 2007 | Disposed | Common Stock (2007) | Direct | |
| 2025-02-18 | Restricted Stock Units | $ | A | 2435 | Acquired | Common Stock (2435) | Direct |
Footnotes
F1: Shares delivered to the reporting person pursuant to vesting of time-based restricted stock units, which were granted to the reporting person on February 17, 2022, under the First Community Corporation 2021 Omnibus Equity Incentive Plan and vested on February 17, 2025.
F2: The time-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the time-based restricted stock units.
F3: Shares withheld to satisfy tax withholding obligation applicable to the vesting of time-based restricted stock units that vested on February 17, 2025.
F4: Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on February 17, 2022, under the First Community Corporation 2021 Omnibus Equity Incentive Plan and vested upon achievement of performance goals for the applicable performance period.
F5: 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.
F6: Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
F7: Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
F8: 2,007 restricted stock units cliff vested on February 17, 2025.
F9: 2,153 restricted stock units cliff vest on February 21, 2026, at which time the vested shares will be delivered to the reporting person; and 2,713 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person.
F10: The restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person.
F11: 2,153 restricted stock units cliff vest on February 21, 2026, at which time the vested shares will be delivered to the reporting person; 2,713 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person; and 2,435 restricted stock units cliff vest on February 18, 2028, at which time the vested shares will be delivered to the reporting person.