SEC Form 4 · accession 0001209191-17-024388
BAY BANKS OF VIRGINIA INC · BAYK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Rodes Boyd Jr.
Officer — Executive Vice President
Period of report
Apr 1, 2017
Accepted (ET)
Apr 4, 2017 · 9:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001034594
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 1, 2017 | A | 13,186 | — | A | 13,186 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 11,194 shares of Virginia BanCorp Inc. ("Virginia BanCorp") common stock in connection with the merger of Virginia BanCorp with and into the issuer effective April 1, 2017. At the effective time of the merger, each outstanding share of Virginia BanCorp converted into 1.178 shares of common stock of the issuer. On March 31, 2017, the closing price of the issuer's common stock was $9.41.