Sec Form 5 Filing - WHITEHEAD LORETTA R @ FIRST COMMUNITY CORP /SC/ - 2015-12-31

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
WHITEHEAD LORETTA R
2. Issuer Name and Ticker or Trading Symbol
FIRST COMMUNITY CORP /SC/ [ FCCO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O FIRST COMMUNITY CORP, P O BOX 64
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2015
(Street)
LEXINGTON, SC29071
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/31/2015( 1 )( 2 ) A V 899 A 899 I Non-Employee Director Deferred Compensation Plan
Common Stock 18,505 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WHITEHEAD LORETTA R
C/O FIRST COMMUNITY CORP
P O BOX 64
LEXINGTON, SC29071
X
Signatures
Loretta R. Whitehead 02/16/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Under the First Community Corporation 2006 Non-Employee Director Deferred Compensation Plan (the Plan), on or before December 31st of any calendar year, the reporting person may elect to defer all or any part of annual retainer and monthly meeting fees payable in respect of the following calendar year for service as a board of director. Units of common stock are credited to the reporting person's account at the time such compensation would otherwise been payable absent the election to defer equal to the fees payable divided by the fair market value of the stock. The Plan provides that the account balance will be distributed solely through a distribution of common stock. The Plan has previously been filed on form 8-K and the person's participation in the Plan has been previously reported by First Community Corporation in its annual proxy statements.
( 2 )The reporting person was not previously aware that, in addition to the previous disclosures by First Community Corporation, the reporting person is required to provide transaction reporting under Section 16 with respect to the number of shares allocable to the reporting person. The person is reporting on an aggregate basis on Form 5 in accordance with SEC Interpretive letter to the American Bar Association (February 10, 1999, Q.3). Between January 16, 2007 and December 31, 2015, the reporting person acquired an aggregate of 899 units of common stock in the reporting person's account under the Plan. The price at which units were acquired (the fair market value of common stock on the last trading day p-receding the credit date) ranged from $6.07 to $12.90.

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 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.