−Removed: Market for Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities.
−Removed: Information and Holders of Record
+Added: Market for Common Equity, Related
+Added: Shareholder Matters and Issuer Purchases of Equity Securities.
+Added: Market Information and Holders of Record
Our common stock is currently traded on the NASDAQ
−Removed: Global Market under the symbol “SFST.” We had approximately 3,500 shareholders of record on February 17, 2022.
+Added: Global Market under the symbol “SFST.” We had approximately 3,200 shareholders of record on January 17, 2023.
We have not declared or paid any cash dividends
12 unchanged sentences
practice in conducting its business, including the payment of a dividend under certain circumstances.
−Removed: Compensation Plan Information
+Added: Equity Compensation Plan Information
The following table sets forth information regarding
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outstanding options,
−Removed: warrants and rights(b)(2)
+Added: warrants and rights
Number of securities
−Removed: remaining available
+Added: remaining available for
future issuance under
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2010 Stock Incentive Plan – options (1)
−Removed: 2016 Equity Incentive
−Removed: Plan – options (1)
+Added: 2016 Equity Incentive Plan – options (1)
2020 Equity Incentive Plan
the terms of the 2010 and 2016 Plans no further incentive stock option awards may be granted;
−Removed: however, the Plans will remain in effect
−Removed: until all awards have been exercised or forfeited and we determine to terminate the Plans.
−Removed: weighted-average exercise prices in this column are based on outstanding options and do not take into account unvested awards of restricted
−Removed: stock as these awards do not have an exercise price.
−Removed: Performance Graph
+Added: however, the Plans will remain in effect until all awards have been exercised or forfeited
+Added: and we determine to terminate the Plans.
+Added: weighted-average exercise prices in this column are based on outstanding options and do not
+Added: take into account unvested awards of restricted stock as these awards do not have an exercise
+Added: Stock Performance Graph
The performance graph below compares the Company’s
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Southern First Bancshares
−Removed: S&P US BMI Banks – Southeast Bank
+Added: S&P US BMI Banks – Southeast Bank Index
Russell 2000 Index
−Removed: of Unregistered Equity Securities
−Removed: On March 9, 2021, the Company announced a share
+Added: Sales of Unregistered Equity Securities
+Added: Stock Repurchases
+Added: On June 21, 2022, the Company announced a share
repurchase plan allowing us to repurchase up to 399,026 shares of our common stock (the “Repurchase Plan”).
7 unchanged sentences
during the fourth quarter of 2022:
−Removed: Total Number of Shares (or Units)
−Removed: Average Price Paid per Share (or Unit)
−Removed: Total Number of Shares (or Units)
−Removed: Purchased as Part of Publicly Announced Plans or Programs
−Removed: Maximum Number (or Approximate Dollar
−Removed: Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs
+Added: Price Paid per
+Added: Share (or Unit)
+Added: Part of Publicly
+Added: Dollar Value) of
+Added: Units) that May
+Added: Under the Plans
October 1 – October 31
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.