0001775199-21-000001.txt : 20210105 0001775199-21-000001.hdr.sgml : 20210105 20210105165847 ACCESSION NUMBER: 0001775199-21-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201231 FILED AS OF DATE: 20210105 DATE AS OF CHANGE: 20210105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Newsom Cory T CENTRAL INDEX KEY: 0001775199 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38895 FILM NUMBER: 21506728 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 2020-12-31 0 0001163668 SOUTH PLAINS FINANCIAL, INC. SPFI 0001775199 Newsom Cory T 5219 CITY BANK PARKWAY LUBBOCK TX 79407-3544 1 1 0 0 President Common Stock 2020-12-31 4 M 0 9000 10.03 A 173517 D Common Stock 2020-12-31 4 F 0 5790 18.98 D 167727 D Common Stock 750 I By child Common Stock 78334 I By ESOP Stock Options (Right to Buy) 10.03 2020-12-31 4 M 0 9000 0 D 2020-12-31 Common Stock 9000 0 D Stock Options (Right to Buy) 18.95 2021-01-04 4 A 0 32484 0 A 2031-01-04 Common Stock 32484 32484 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 for the benefit of the Reporting Person's child. 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 the first anniversary of January 1, 2021; thereafter, the remaining vest pro rata on a monthly basis over the next 36 months. 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. /s/ By Mikella D. Newsom as Attorney-in-Fact for Cory T. Newsom 2021-01-05