SEC Form 4 · accession 0001325670-15-000014
Primis Financial Corp. · FRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles A Kabbash
Director
Period of report
Mar 25, 2015
Accepted (ET)
Mar 26, 2015 · 11:24 am 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 |
|---|---|---|---|---|---|---|---|---|
| Southern National Bancorp of Virginia Common StockF1 | Mar 25, 2015 | P | 407 | $12.00 | A | 21,793 | D | |
| Southern National Bancorp of Virginia Common Stock | Mar 25, 2015 | P | 250 | $11.97 | A | 11,700 | I | By IRA |
| Southern National Bancorp of Virginia Common Stock | holding | — | — | — | 40,175 | D | ||
| Southern National Bancorp of Virginia Common Stock | holding | — | — | — | 6,567 | I | By Wife's IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (Right to Buy) | $9.09 | holding | — | — | — | Aug 27, 2004 | Apr 14, 2015 | Common Stock | 11,000 | 11,000 | D |
| Employee Stock Option (Right to Buy)F2 | $14.73 | holding | — | — | — | Jan 24, 2008 | Jan 24, 2017 | Common Stock | 1,100 | 1,100 | D |
| Employee Stock Option (Right to Buy)F3 | $9.20 | holding | — | — | — | Jan 23, 2009 | Jan 23, 2018 | Common Stock | 1,000 | 2,100 | D |
| Employee Stock Option (Right to Buy)F4 | $5.50 | holding | — | — | — | Jan 27, 2010 | Jan 27, 2019 | Common Stock | 1,000 | 3,100 | D |
| Employee Stock Option (Right to Buy)F5 | $7.04 | holding | — | — | — | Jul 27, 2011 | Jul 27, 2020 | Common Stock | 1,000 | 4,100 | D |
| Employee Stock Option (Right to Buy)F6 | $7.20 | holding | — | — | — | Mar 21, 2012 | Mar 21, 2021 | Common Stock | 1,000 | 5,100 | D |
| Employee Stock Option (Right to Buy)F7 | $6.24 | holding | — | — | — | Feb 9, 2013 | Feb 9, 2022 | Common Stock | 2,000 | 7,100 | D |
| Employee Stock Option (Right to Buy)F8 | $9.32 | holding | — | — | — | Jan 29, 2014 | Jan 23, 2023 | Common Stock | 3,500 | 10,600 | D |
Explanation of responses
- F1These shares are owned jointly with spouse.
- F2These options are exercisable as follows: 220 on 1/24/2008, 220 on 1/24/2009, 220 on 1/24/2010, 220 on 1/24/2011, 220 on 1/24/2012.
- F3These options are exercisable as follows: 200 on 1/23/2009, 200 on 1/23/2010, 200 on 1/23/2011, 200 on 1/23/2012, 200 on 1/23/2013.
- F4These options are exercisable as follows: 200 on 1/27/2010, 200 on 1/27/2011, 200 on 1/27/2012, 200 on 1/27/2013, 200 on 1/27/2014.
- F5These options are exercisable as follows: 200 on 7/27/2011, 200 on 7/27/2012, 200 on 7/27/2013, 200 on 7/27/2014, 200 on 7/27/2015.
- F6These options are exercisable as follows: 200 on 3/21/2012, 200 on 3/21/2013, 200 on 3/21/2014, 200 on 3/21/2015, 200 on 3/21/2016.
- F7These options are exercisable as follows: 400 on 2/9/2013, 400 on 2/9/2014, 400 on 2/9/2015, 400 on 2/9/2016, 400 on 2/9/2017.
- F8These options are exercisable as follows: 700 on 1/29/2014, 700 on 1/29/2015, 700 on 1/29/2016, 700 on 1/29/2017, 700 on 1/29/2018.