0001567619-21-017286.txt : 20210917 0001567619-21-017286.hdr.sgml : 20210917 20210917171438 ACCESSION NUMBER: 0001567619-21-017286 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210917 FILED AS OF DATE: 20210917 DATE AS OF CHANGE: 20210917 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHASE BRIEN M CENTRAL INDEX KEY: 0001172037 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] STATE OF INCORPORATION: WV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20908 FILM NUMBER: 211261270 MAIL ADDRESS: STREET 1: ONE JOHNSTONE ROAD CITY: SOUTH CHARLESTON STATE: WV ZIP: 25309 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PREMIER FINANCIAL BANCORP INC CENTRAL INDEX KEY: 0000887919 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 611206757 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2883 FIFTH AVENUE STREET 2: NONE CITY: HUNTINGTON STATE: WV ZIP: 25702 BUSINESS PHONE: 3045251600 MAIL ADDRESS: STREET 1: 2883 FIFTH AVENUE CITY: HUNTINGTON STATE: WV ZIP: 25702 4 1 doc1.xml FORM 4 X0306 4 2021-09-17 1 0000887919 PREMIER FINANCIAL BANCORP INC PFBI 0001172037 CHASE BRIEN M C/O PREMIER FINANCIAL BANCORP, INC. 2883 5TH AVENUE HUNTINGTON WV 25702 0 1 0 0 Chief Financial Officer PFBI Common Stock 2021-09-17 4 D 0 44512 D 0 D Employee Stock Option (Right to Buy) 8.50 2021-09-17 4 D 0 4200 0.00 D 2030-03-18 PFBI Common 4200 0 D Employee Stock Option (Right to Buy) 15.57 2021-09-17 4 D 0 2100 0.00 D 2029-03-20 PFBI Common 2100 0 D PFBI Common Stock disposed pursuant to merger agreement between issuer and Peoples Bancorp Inc in exchange for 25,816 shares of Peoples common stock having a market value of $30.59 per share on the effective date of the merger. This option, which provided for vesting in three equal annual installments beginning on 03/18/2021, was canceled in the merger in exchange for a cash payment of $38,766, representing the difference between the exercise price of the option and market value of Peoples common stock times the merger agreement exchange ratio of 0.58 shares for each PFBI common share in accordance with the merger agreement. This option, which provided for vesting in three equal annual installments beginning on 03/20/2020, was canceled in the merger in exchange for a cash payment of $4,536, representing the difference between the exercise price of the option and market value of Peoples common stock times the merger agreement exchange ratio of 0.58 shares for each PFBI common share in accordance with the merger agreement. /s/ Brien M. Chase 2021-09-17