| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SPFI | Common Stock | Options Exercise | $76.2K | +4.5K | $16.93 | 4.5K | Dec 31, 2021 | By Spouse | F1 | |
| transaction | SPFI | Common Stock | Tax liability | -$88.3K | -3.16K | -70.22% | $27.93 | 1.34K | Dec 31, 2021 | By Spouse | F1 |
| transaction | SPFI | Common Stock | Award | $0 | +620 | +47.33% | $0.00 | 1.93K | Mar 15, 2022 | By Spouse | F1 |
| transaction | SPFI | Common Stock | Options Exercise | $85.7K | +4.5K | +229.59% | $19.05 | 6.46K | Dec 30, 2022 | By Spouse | F1 |
| transaction | SPFI | Common Stock | Tax liability | -$95.5K | -3.42K | -52.91% | $27.93 | 3.04K | Dec 30, 2022 | By Spouse | F1 |
| transaction | SPFI | Common Stock | Options Exercise | $85.7K | +4.5K | +53.22% | $19.05 | 13K | Dec 30, 2022 | Direct | F2, F3 |
| transaction | SPFI | Common Stock | Tax liability | -$95.5K | -3.42K | -26.38% | $27.93 | 9.54K | Dec 30, 2022 | Direct | F2 |
| holding | SPFI | Common Stock | 14.4K | May 6, 2019 | By ESOP | F4 |
| 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) | Award | $0 | +3K | $0.00 | 3K | May 6, 2019 | Common Stock | 3K | $10.33 | By Spouse | F5, F6 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +3K | $0.00 | 3K | May 6, 2019 | Common Stock | 3K | $5.88 | By Spouse | F5, F6 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +3K | $0.00 | 3K | May 6, 2019 | Common Stock | 3K | $8.60 | By Spouse | F5, F6 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +3K | $0.00 | 3K | May 6, 2019 | Common Stock | 3K | $10.93 | By Spouse | F5, F6 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +3K | $0.00 | 3K | May 6, 2019 | Common Stock | 3K | $12.24 | By Spouse | F5, F6 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +3K | $0.00 | 3K | May 6, 2019 | Common Stock | 3K | $13.88 | By Spouse | F5, F6 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +4.5K | $0.00 | 4.5K | May 6, 2019 | Common Stock | 4.5K | $16.93 | By Spouse | F6, F7 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +4.5K | $0.00 | 4.5K | May 6, 2019 | Common Stock | 4.5K | $19.05 | By Spouse | F6, F7 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +3.16K | $0.00 | 3.16K | May 6, 2019 | Common Stock | 3.16K | $16.00 | By Spouse | F5, F6 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +2.06K | $0.00 | 2.06K | May 6, 2019 | Common Stock | 2.06K | $20.93 | By Spouse | F5, F6 | |
| transaction | SPFI | Stock Options (Right to Buy) | Award | $0 | +2.06K | $0.00 | 2.06K | May 6, 2019 | Common Stock | 2.06K | $19.62 | By Spouse | F5, F6 | |
| 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 | By Spouse | F6, F7 |
| transaction | SPFI | Stock Options (Right to Buy) | Options Exercise | $0 | -4.5K | -100% | $0.00* | 0 | Dec 30, 2022 | Common Stock | 4.5K | $19.05 | By Spouse | F6, F7 |
| transaction | SPFI | Stock Options (Right to Buy) | Options Exercise | $0 | -4.5K | -100% | $0.00* | 0 | Dec 30, 2022 | Common Stock | 4.5K | $19.05 | Direct | F7 |
| Id | Content |
|---|---|
| F1 | Shares owned by the Reporting Person's spouse, who is also an employee of the Issuer. |
| F2 | The shares reported include 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. |
| F3 | Effective September 12, 2022, SPFI eliminated the SPFI stock fund as an investment alternative available under the City Bank 401(k) Plan (the "401(k) Plan"). As a result, the 180 shares of SPFI common stock the Reporting Person previously reported as beneficially owned under the 401(k) Plan were liquidated. |
| F4 | Shares held by the South Plains Financial, Inc. Employee Stock Ownership Plan ("ESOP") and allocated to the Reporting Person's account. |
| F5 | 25% of the stock options vest on each of the first four anniversaries of January 1 in the year of grant. Notwithstanding the foregoing, the stock options will automatically become fully vested upon the earlier of: (i) the holder's disability, (ii) the holder's death, and (iii) immediately prior to a change in control of the Issuer. |
| F6 | Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer. |
| F7 | These were fully exercisable on date of grant. |
REPORTING PERSON'S SPOUSE'S TRANSACTIONS: This Form 4 is late with respect to (i) reporting acquisitions of shares of common stock of the Issuer by the Reporting Person's spouse, and (ii) reporting acquisitions of stock options of the Issuer by the Reporting Person's spouse. The Reporting Person did not timely report these acquisitions by the Reporting Person's spouse due to inadvertent administrative error.