Curtis C. Griffith - Aug 29, 2022 Form 4 Insider Report for SOUTH PLAINS FINANCIAL, INC. (SPFI)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
By Mikella D. Newsom as Attorney-in-Fact for Curtis C. Griffith
Stock symbol
SPFI
Transactions as of
Aug 29, 2022
Transactions value $
-$2,657,000
Form type
4
Date filed
8/31/2022, 05:05 PM
Previous filing
Jan 21, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPFI Common Stock Disposed to Issuer -$1.99M -75K -4.91% $26.57 1.45M Aug 29, 2022 Direct F1
transaction SPFI Common Stock Sale -$664K -25K -1.72% $26.57 1.43M Aug 29, 2022 Direct F1, F2
holding SPFI Common Stock 100K Aug 29, 2022 By ESOP F3
holding SPFI Common Stock 249 Aug 29, 2022 By 401(k) F4
holding SPFI Common Stock 45.4K Aug 29, 2022 By Spouse F5
holding SPFI Common Stock 435K Aug 29, 2022 By CCG Trust F6
holding SPFI Common Stock 87K Aug 29, 2022 By RTW Trust F7
holding SPFI Common Stock 87K Aug 29, 2022 By BLW Trust F8
holding SPFI Common Stock 87K Aug 29, 2022 By WHW Trust F9
holding SPFI Common Stock 87K Aug 29, 2022 By SSG Trust F10
holding SPFI Common Stock 87K Aug 29, 2022 By JBG Trust F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units that may be settled only by delivery of an equal number of shares of common stock and which are subject to vesting and forfeiture conditions.
F2 Shares sold to Noe G. Valles, a director of the Issuer, in a private transaction.
F3 Shares held by the South Plains Financial, Inc. Employee Stock Ownership Plan ("ESOP") and allocated to the Reporting Person's account.
F4 Shares held in the Reporting Person's account under the City Bank 401(k) Plan.
F5 Shares owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F6 Shares held in the Curtis C. Griffith 2021 Irrevocable Trust ("CCG Trust"), over which the Reporting Person's Spouse, who shares the Reporting Person's household, serves as trustee. The members of the Reporting Person's immediate family are the beneficiaries of this trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F7 Shares held in the Richard Thomas White 2021 Trust ("RTW Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.
F8 Shares held in the Birdie Lucille White 2021 Trust ("BLW Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.
F9 Shares held in the William Hogan White 2021 Trust ("WHW Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.
F10 Shares held in the Sydney Suzanne Griffith 2021 Trust ("SSG Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.
F11 Shares held in the Johnathan Brockway Griffith 2021 Trust ("JBG Trust"), over which the Reporting Person serves as trustee. A member of the Reporting Person's immediate family is the beneficiary of this trust.