0000932781-24-000021.txt : 20240222
0000932781-24-000021.hdr.sgml : 20240222
20240222142531
ACCESSION NUMBER: 0000932781-24-000021
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240220
FILED AS OF DATE: 20240222
DATE AS OF CHANGE: 20240222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CRAPPS MICHAEL C
CENTRAL INDEX KEY: 0001252556
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-28344
FILM NUMBER: 24664186
MAIL ADDRESS:
STREET 1: C/O FIRST COMMUNITY CORP
STREET 2: P O BOX 64
CITY: LEXINGTON
STATE: SC
ZIP: 29071
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST COMMUNITY CORP /SC/
CENTRAL INDEX KEY: 0000932781
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 571010751
STATE OF INCORPORATION: SC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5455 SUNSET BLVD
CITY: LEXINGTON
STATE: SC
ZIP: 29072
BUSINESS PHONE: 8032538875
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0508
4
2024-02-20
0
0000932781
FIRST COMMUNITY CORP /SC/
FCCO
0001252556
CRAPPS MICHAEL C
C/O FIRST COMMUNITY CORP
P O BOX 64
LEXINGTON
SC
29071
1
1
0
0
President and CEO
0
Common Stock
2024-02-20
4
F
0
1953
17.06
D
63687
D
Common Stock
2024-02-20
4
A
0
4787
0
A
68474
D
Common Stock
2024-02-22
4
F
0
2305
16.52
D
66169
D
Common Stock
9805
I
By Wife
Restricted Stock Units
2024-02-20
4
A
0
4185
0
A
Common Stock
4185
11087
D
Shares withheld to satisfy tax withholding obligation applicable to the vesting of restricted stock.
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.
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.
Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
Each restricted stock unit represents a contingent right to receive one share of First Community Corporation (FCCO) common stock.
The restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person.
3,338 restricted stock units cliff vest on February 17, 2025, at which time the vested shares will be delivered to the reporting person; 3,564 restricted stock units cliff vest on February 21, 2026, at which time the vested shares will be delivered to the reporting person; and 4,185 restricted stock units cliff vest on February 20, 2027, at which time the vested shares will be delivered to the reporting person.
/s/ D. SHAWN JORDAN, AS ATTORNEY-IN-FACT
2024-02-22