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FFIN First Financial Bankshares Inc

31.08
0.32 (1.04%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
First Financial Bankshares Inc NASDAQ:FFIN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.32 1.04% 31.08 30.74 31.42 31.39 30.835 30.95 581,641 23:44:23

Initial Statement of Beneficial Ownership (3)

26/07/2016 10:24pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Longhofer T. Luke

2. Date of Event Requiring Statement (MM/DD/YYYY)
7/26/2016 

3. Issuer Name and Ticker or Trading Symbol

FIRST FINANCIAL BANKSHARES INC [FFIN]

(Last)        (First)        (Middle)

P O BOX 701

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Executive Vice President /

(Street)

ABILENE, TX 79604       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   885   (1) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option, Right to Buy   10/25/2013   10/25/2021   Common Stock   1000   (2) $15.73   D    
Employee Stock Option, Right to Buy   10/22/2015   10/22/2023   Common Stock   2000   (3) $30.85   D    
Employee Stock Option, Right to Buy   10/27/2017   10/27/2025   Common Stock   6000   (4) $33.89   D    

Explanation of Responses:
( 1)  On October 27,2015, First Financial Bankshares, Inc. granted the reporting person restricted stock totaling 885 shares. The restricted stock vests 33 1/3% at the end of one year, 66 2/3% at the end of two years, and 100% at the end of three years.
( 2)  On October 25, 2011, First Financial Bankshares, Inc. granted the reporting person options to purchase shares of the Company's common stock at $15.73 per share. The options vest 20% at the end of two years, 40% at the end of three years, 60% at the end of four years, 80% at the end of five years and 100% at the end of six years.
( 3)  On October 22, 2013, First Financial Bankshares, Inc. granted the reporting person options to purchase shares of the Company's common stock at $30.85 per share. The options vest 20% at the end of two years, 40% at the end of three years, 60% at the end of four years, 80% at the end of five years and 100% at the end of six years.
( 4)  On October 27, 2015, First Financial Bankshares, Inc. granted the reporting person options to purchase shares of the Company's common stock at $33.89 per share. The options vest 20% at the end of two years, 40% at the end of three years, 60% at the end of four years, 80% at the end of five years and 100% at the end of six years.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Longhofer T. Luke
P O BOX 701
ABILENE, TX 79604


Executive Vice President

Signatures
By: J. Bruce Hildebrand Attorney in Fact for T. Luke Longhofer 7/26/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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