Initial Statement of Beneficial Ownership (3)
May 05 2017 - 2:14PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden
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0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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McVey J. Kyle
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2. Date of Event Requiring Statement (MM/DD/YYYY)
5/5/2017
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3. Issuer Name
and
Ticker or Trading Symbol
FIRST FINANCIAL BANKSHARES INC [FFIN]
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(Last)
(First)
(Middle)
PO BOX 701
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4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director
_____ 10% Owner
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X
___ Officer (give title below)
_____ Other (specify below)
SVP, Chief Accounting Officer /
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(Street)
ABILENE, TX 79604
(City)
(State)
(Zip)
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5. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
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X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4)
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2. Amount of Securities Beneficially Owned
(Instr. 4)
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3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
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4. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Common Stock
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825
(1)
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4)
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2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
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3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
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4. Conversion or Exercise Price of Derivative Security
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5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
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6. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Employee Stock Option, Right to Buy
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10/25/2013
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10/25/2021
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Common Stock
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1000
(2)
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$15.73
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D
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Eomployee Stock Option, Right to Buy
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10/22/2015
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10/22/2023
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Common Stock
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2000
(3)
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$30.85
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D
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Employee Stock Option, Right to Buy
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10/27/2017
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10/27/2025
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Common Stock
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4000
(4)
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$33.89
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D
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Explanation of Responses:
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(1)
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On October 25,2016, First Financial Bankshares, Inc. granted the reporting person restricted stock totaling 825 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.
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(2)
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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.
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(3)
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On October 23, 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.
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(4)
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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.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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McVey J. Kyle
PO BOX 701
ABILENE, TX 79604
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SVP, Chief Accounting Officer
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Signatures
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By: J. Bruce Hildebrand
Attorney in Fact for
J. Kyle McVey
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5/5/2017
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 5(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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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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