Mikella D. Newsom - Dec 29, 2023 Form 4 Insider Report for SOUTH PLAINS FINANCIAL, INC. (SPFI)

Role
Chief Risk Officer & Secretary
Signature
/s/ Mikella D. Newsom
Stock symbol
SPFI
Transactions as of
Dec 29, 2023
Transactions value $
-$28,180
Form type
4
Date filed
1/3/2024, 04:35 PM
Previous filing
Mar 22, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPFI Common Stock Options Exercise $31K +3K +11.49% $10.33 29.1K Dec 29, 2023 Direct F1
transaction SPFI Common Stock Tax liability -$45.1K -1.52K -5.23% $29.58 27.6K Dec 29, 2023 Direct
transaction SPFI Common Stock Options Exercise $31K +3K +19.47% $10.33 18.4K Dec 29, 2023 By Spouse F2
transaction SPFI Common Stock Tax liability -$45.1K -1.52K -8.28% $29.58 16.9K Dec 29, 2023 By Spouse 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 -3K -100% $0.00* 0 Dec 29, 2023 Common Stock 3K $10.33 Direct F3
transaction SPFI Stock Options (Right to Buy) Options Exercise $0 -3K -100% $0.00* 0 Dec 29, 2023 Common Stock 3K $10.33 By Spouse F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Shares owned by the Reporting Person's spouse, who is also an employee of the Issuer.
F3 The stock options were fully vested and exercisable on the date of grant.
F4 Stock options held by the Reporting Person's spouse, who is also an employee of the Issuer.