Mikella D. Newsom - Dec 31, 2021 Form 4 Insider Report for SOUTH PLAINS FINANCIAL, INC. (SPFI)

Role
Chief Risk Officer & Secretary
Signature
/s/ By Mikella D. Newsom
Stock symbol
SPFI
Transactions as of
Dec 31, 2021
Transactions value $
-$12,074
Form type
4
Date filed
1/4/2022, 05:30 PM
Previous filing
Jan 4, 2023
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPFI Common Stock Options Exercise $76.2K +4.5K +89.11% $16.93 9.55K Dec 31, 2021 Direct
transaction SPFI Common Stock Tax liability -$88.3K -3.16K -33.09% $27.93 6.39K Dec 31, 2021 Direct
holding SPFI Common Stock 14.2K Dec 31, 2021 By ESOP F1
holding SPFI Common Stock 93 Dec 31, 2021 By 401(k) F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPFI Stock Options (Right to Buy) Options Exercise $0 -4.5K -100% $0.00* 0 Dec 31, 2021 Common Stock 4.5K $16.93 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the South Plains Financial, Inc. Employee Stock Ownership Plan ("ESOP") and allocated to the Reporting Person's account.
F2 Shares held in the Reporting Person's account under the City Bank 401(k) Plan.