0000932781-24-000022.txt : 20240222
0000932781-24-000022.hdr.sgml : 20240222
20240222145554
ACCESSION NUMBER: 0000932781-24-000022
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: Nissen Ted J
CENTRAL INDEX KEY: 0001295098
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-28344
FILM NUMBER: 24664270
MAIL ADDRESS:
STREET 1: 5455
STREET 2: SUNSET BLVD
CITY: LEXINGTON
STATE: SC
ZIP: 29072
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
0001295098
Nissen Ted J
C/O FIRST COMMUNITY CORPORATION
5455 SUNSET BLVD
LEXINGTON
SC
29072
0
1
0
0
EVP and Chief Banking Officer
0
Common Stock
2024-02-20
4
F
0
1100
17.06
D
30579
D
Common Stock
2024-02-20
4
A
0
2779
0
A
33358
D
Common Stock
2024-02-22
4
F
0
1379
16.52
D
31979
D
Restricted Stock Units
2024-02-20
4
A
0
2713
0
A
Common Stock
2713
6873
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.
2,007 restricted stock units cliff vest on February 17, 2025, at which time the vested shares will be delivered to the reporting person; 2,153 restricted stock units cliff vest on February 21, 2026, at which time the vested shares will be delivered to the reporting person; and 2,713 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