SEC Form 4 · accession 0001144204-18-029206
Primis Financial Corp. · FRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Lagos
Officer — Executive Vice President
Period of report
May 15, 2018
Accepted (ET)
May 16, 2018 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001325670
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 15, 2018 | A | 1,000 | $0.00 | A | 38,657 | D | |
| Common Stock | holding | — | — | — | 2,837 | I | By 401K |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $5.50 | holding | — | — | — | Jan 27, 2010 | Jan 27, 2019 | Common Stock | 2,000 | 2,000 | D |
| Employee Stock Option (Right to Buy) | $8.02 | holding | — | — | — | Jul 29, 2010 | Jul 29, 2019 | Common Stock | 2,000 | 4,000 | D |
| Employee Stock Option (Right to Buy) | $7.04 | holding | — | — | — | Jul 27, 2011 | Jul 27, 2020 | Common Stock | 2,500 | 6,500 | D |
| Employee Stock Option (Right to Buy) | $7.20 | holding | — | — | — | Mar 21, 2012 | Mar 21, 2021 | Common Stock | 4,000 | 10,500 | D |
| Employee Stock Option (Right to Buy) | $7.92 | holding | — | — | — | Dec 5, 2013 | Dec 5, 2022 | Common Stock | 4,000 | 14,500 | D |
| Employee Stock Option (Right to Buy)F2 | $9.14 | holding | — | — | — | Jun 21, 2014 | Jun 21, 2023 | Common Stock | 4,000 | 18,500 | D |
| Employee Stock Option (Right to Buy)F3 | $10.47 | holding | — | — | — | Jul 22, 2015 | Jul 22, 2024 | Common Stock | 5,000 | 23,500 | D |
| Employee Stock Option (Right to Buy)F4 | $11.43 | holding | — | — | — | Jun 19, 2016 | Jun 19, 2025 | Common Stock | 5,500 | 29,000 | D |
| Employee Stock Option (Right to Buy)F5 | $11.99 | holding | — | — | — | Jun 16, 2017 | Jun 16, 2026 | Common Stock | 6,000 | 35,000 | D |
Explanation of responses
- F1Award of restricted stock which vests in five annual installments beginning May 31, 2019.
- F2These options are exercisable as follows: 800 on 6/21/14, 800 on 6/21/15, 800 on 6/21/16, 800 on 6/21/17, 800 on 6/21/18
- F3These options are exercisable as follows: 1,000 on 7/22/15, 1,000 on 7/22/16, 1,000 on 7/22/17, 1,000 on 7/22/18, 1,000 on 7/22/19
- F4These options are exercisable as follows: 1,100 on 6/19/16, 1,100 on 6/19/17, 1,100 on 6/19/18, 1,100 on 6/19/19, 1,100 on 6/19/20
- F5These options are exercisable as follows: 1,200 on 6/16/17, 1,200 on 6/16/18, 1,200 on 6/16/19, 1,200 on 6/16/20, 1,200 on 6/16/21