0001775189-23-000002.txt : 20230221 0001775189-23-000002.hdr.sgml : 20230221 20230221185650 ACCESSION NUMBER: 0001775189-23-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230216 FILED AS OF DATE: 20230221 DATE AS OF CHANGE: 20230221 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: 23650022 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 2023-02-16 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 2023-02-16 4 A 0 2493 0 A 65834 D Common Stock 2023-02-16 4 F 0 578 27.51 D 65256 D Stock Options (Right to Buy) 27.27 2023-02-16 4 A 0 12898 0 A 2033-02-16 Common Stock 12898 12898 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. Since the date of the Reporting Person's last report, 31,798 shares previously owned through the South Plains Financial, Inc. Employee Stock Ownership Plan were rolled over into a self-directed individual retirement account and, therefore, are now owned directly by the Reporting Person. 25% of the stock options vest on each of the first four anniversaries of January 1, 2023. 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. By Mikella D. Newsom as Attorney-in-Fact for Steven B. Crockett 2023-02-21