SEC Form 4 · accession 0001144204-17-034023
EASTERN VIRGINIA BANKSHARES INC · EVBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Stanley Thomas
Officer — Executive VP / CCO
Period of report
Jun 23, 2017
Accepted (ET)
Jun 26, 2017 · 2:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001047170
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 23, 2017 | D | 7,500 | $0.00 | D | 20,052 | D | |
| Common StockF3 | Jun 23, 2017 | F | 2,357 | $11.01 | D | 17,695 | D | |
| Common StockF4 | Jun 23, 2017 | D | 17,695 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Forfeiture of performance-based restricted shares to Eastern Virginia Bankshares, Inc. ("EVBS") for no consideration immediately prior to the Merger (as defined below).
- F2Includes 33.4470 shares acquired on 5/19/17 through dividend reinvestment purchase on the open market.
- F3Reflects shares withheld upon vesting of restricted stock immediately prior to the Merger (as defined below) to satisfy tax withholding obligations.
- F4Effective June 23, 2017, pursuant to an Agreement and Plan of Merger, dated as of December 13, 2016 between Southern National Bancorp of Virginia, Inc. ("SONA") and Eastern Virginia Bankshares, Inc. ("EVBS"), as amended, EVBS merged with and into SONA, with SONA as the surviving company (the "Merger"). In the Merger, each share of EVBS common stock converted into 0.6313 shares of SONA common stock.