SEC Form 4 · accession 0001209191-18-039829
BAY BANKS OF VIRGINIA INC · BAYK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary L. Armstrong
Officer — Executive Vice President
Period of report
Jun 26, 2018
Accepted (ET)
Jun 28, 2018 · 3:49 pm 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 | Jun 26, 2018 | A | 1,768 | $9.90 | A | 20,655 | D | |
| Common StockF2 | Jun 26, 2018 | A | 1,767 | $9.90 | A | 22,422 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This restricted stock award vests at the rate of one-third each year over a three year term from the award date.
- F2The vesting of these performance award shares is based on the Company's return on average assets over the three-year period ending 12/31/2020.