March 31, 2024 · Form 4 insider transaction
CHAO CHIMIN J bought 1,159 shares of FCCO at $17.30 per share, a transaction worth $20.1K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
The reporting person has elected to defer compensation in the form of deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"). Pursuant to the terms of the Plan, the reporting person was credited with 1,159 deferred stock units, based on the amount of compensation deferred by the reporting person under the Plan during the first quarter of 2024 divided by the First Community Corporation common stock consolidated closing bid price of $17.30 on March 28, 2024.; Includes 46,660 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 382 deferred stock units credited pursuant to the terms of the Plan as dividend equivalents during the first quarter of 2024. Deferred stock units under the Plan receive dividend equivalents in the form of additional deferred stock units, and shares of First Community Corporation common stock will be issued on a one-for-one basis in respect of deferred stock units upon a distribution from the Plan.