South Plains Financial (SPFI) Form 3 SOUTH PLAINS FINANCIAL / Mikella D Newsom ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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^*

Newsom Mikella D

(Last) (First) (Middle)

5219 CITY BANK PARKWAY

(Street)

LUBBOCK TX 79407-3544

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/09/2019

3. Issuer Name and Ticker or Trading Symbol
SOUTH PLAINS FINANCIAL, INC. [ SPFI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Risk Officer & Sec

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,500	D
Common Stock	11,447	I	by ESOP(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (right to buy)	(2)	12/31/2023	Common Stock	3,000	10.33	D
Stock Options (right to buy)	(2)	12/31/2024	Common Stock	3,000	5.88	D
Stock Options (right to buy)	(2)	12/31/2025	Common Stock	3,000	8.6	D
Stock Options (right to buy)	(2)	12/31/2026	Common Stock	3,000	10.93	D
Stock Options (right to buy)	(2)	12/31/2027	Common Stock	3,000	12.24	D
Stock Options (right to buy)	(2)	12/31/2028	Common Stock	3,000	13.88	D
Stock Options (right to buy)	12/31/2021	12/31/2021	Common Stock	4,500	16.93	D
Stock Options (right to buy)	12/31/2022	12/31/2022	Common Stock	4,500	19.05	D

Explanation of Responses:

1. Shares held by the ESOP and allocated to Ms. Newsom's account.

2. These stock options are fully exercisable.

	/s/ Mikella D. Newsom	05/09/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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