0001775189-20-000001.txt : 20200221 0001775189-20-000001.hdr.sgml : 20200221 20200221135726 ACCESSION NUMBER: 0001775189-20-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200221 DATE AS OF CHANGE: 20200221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Crockett Steven B CENTRAL INDEX KEY: 0001775189 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38895 FILM NUMBER: 20638770 MAIL ADDRESS: STREET 1: 5219 CITY BANK PARKWAY CITY: LUBBOCK STATE: TX ZIP: 79407-3544 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTH PLAINS FINANCIAL, INC. CENTRAL INDEX KEY: 0001163668 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5219 CITY BANK PARKWAY CITY: LUBBOCK STATE: TX ZIP: 79407-3544 BUSINESS PHONE: 806-792-7101 MAIL ADDRESS: STREET 1: 5219 CITY BANK PARKWAY CITY: LUBBOCK STATE: TX ZIP: 79407-3544 FORMER COMPANY: FORMER CONFORMED NAME: SOUTH PLAINS FINANCIAL INC DATE OF NAME CHANGE: 20011214 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2019-12-31 0 0001163668 SOUTH PLAINS FINANCIAL, INC. SPFI 0001775189 Crockett Steven B 5219 CITY BANK PARKWAY LUBBOCK TX 79407-3544 0 1 0 0 CFO and Treasurer Common Stock 2019-12-31 4 M 0 3000 9.49 A 27562 D Common Stock 2019-12-31 4 F 0 1757 21 D 25805 D Common Stock 2020-01-02 4 F 0 673 20.87 D 25132 D Common Stock 28876 I By ESOP Stock Options (right to buy) 9.49 2019-12-31 4 M 0 3000 0 D 2019-12-31 Common Stock 3000 0 D Stock Options (right to buy) 20.93 2020-02-19 4 A 0 20372 0 A 2030-02-19 Common Stock 20372 20372 D 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. Shares held by the ESOP and allocated to the Reporting Person's account. These were fully exercisable on date of grant. 25% of the stock options vest on each of the first four anniversaries of January 1, 2020. 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. The exercise of the stock options on 12/31/2019 and the related transactions and the delivery of shares of common stock on 1/2/2020 to satisfy tax withholding obligations are being reported late due to administrative error. /s/ By Mikella D. Newsom as Attorney-in-Fact for Steven B Crockett 2020-02-21