SEC Form 4 · accession 0001209191-19-018336
BAY BANKS OF VIRGINIA INC · BAYK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Frank Scott III
Officer — Chairman · Director
Period of report
Mar 7, 2019
Accepted (ET)
Mar 11, 2019 · 11:51 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 | Mar 7, 2019 | A | 4,625 | $8.00 | A | 219,482 | D | |
| Common StockF2 | Mar 7, 2019 | A | 4,625 | $8.00 | A | 224,107 | 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 12/31/2021.