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