SEC Form 4 · accession 0001290476-16-000054
Village Bank & Trust Financial Corp. · VBFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Max C Morehead Jr.
Officer — EVP
Period of report
May 9, 2016
Accepted (ET)
May 11, 2016 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001290476
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | May 9, 2016 | A | 480 | — | A | 6,508 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares issued following vesting of performance-based restricted stock units.
- F2The reporting person had vested performance-based restricted stock units settled in shares of common stock par value of $4.00 of Village Bank and Trust Financial Corp. (the "Company").
- F3Of which, 2,920 shares are held in reporting person's IRA account and 2406 shares are held as unvested restricted stock awards (time-based).