SEC Form 4 · accession 0001325670-15-000019
Primis Financial Corp. · FRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Lagos
Officer — Senior Vice President
Period of report
Apr 15, 2015
Accepted (ET)
Apr 16, 2015 · 1:40 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 |
|---|---|---|---|---|---|---|---|---|
| Southern National Bancorp of Virginia Common Stock | Apr 15, 2015 | P | 12,650 | $9.09 | A | 31,507 | D | |
| Southern National Bancorp of Virginia Common Stock | holding | — | — | — | 2,532 | I | By 401k Plan |
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) | $9.09 | Apr 15, 2015 | P | 12,650 | D | Dec 31, 2005 | Apr 14, 2015 | Common Stock | 12,650 | 0 | D |
| Employee Stock Option (Right to Buy) | $9.09 | holding | — | — | — | Dec 31, 2005 | Nov 17, 2015 | Common Stock | 1,650 | 1,650 | D |
| Employee Stock Option (Right to Buy)F1 | $9.20 | holding | — | — | — | Jan 23, 2009 | Jan 22, 2018 | Common Stock | 3,500 | 5,150 | D |
| Employee Stock Option (Right to Buy)F2 | $5.50 | holding | — | — | — | Jan 27, 2010 | Jan 27, 2019 | Common Stock | 2,000 | 7,150 | D |
| Employee Stock Option (Right to Buy)F3 | $8.02 | holding | — | — | — | Jul 29, 2010 | Jul 29, 2019 | Common Stock | 2,000 | 9,150 | D |
| Employee Stock Option (Right to Buy)F4 | $7.04 | holding | — | — | — | Jul 27, 2011 | Jul 27, 2020 | Common Stock | 2,500 | 11,650 | D |
| Employee Stock Option (Right to Buy)F5 | $7.20 | holding | — | — | — | Mar 21, 2012 | Mar 21, 2021 | Common Stock | 4,000 | 15,650 | D |
| Employee Stock Option (Right to Buy)F6 | $7.92 | holding | — | — | — | Dec 5, 2013 | Dec 5, 2022 | Common Stock | 4,000 | 19,650 | D |
| Employee Stock Option (Right to Buy)F7 | $9.14 | holding | — | — | — | Jun 21, 2014 | Jun 21, 2023 | Common Stock | 4,000 | 23,650 | D |
| Employee Stock Option (Right to Buy)F8 | $10.47 | holding | — | — | — | Jul 22, 2015 | Jul 22, 2024 | Common Stock | 5,000 | 28,650 | D |
Explanation of responses
- F1These options are exercisable as follows: 700 on 1/23/2009, 700 on 1/23/2010, 700 on 1/23/2011, 700 on 1/23/2012, 700 on 1/23/2013.
- F2These options are exercisable as follows: 400 on 1/27/2010, 400 on 1/27/2011, 400 on 1/27/2012, 400 on 1/27/2013, 400 in 1/27/2014.
- F3These options are exercisable as follows: 400 on 7/29/2010, 400 on 7/29/2011, 400 on 7/29/2012, 400 on 7/29/2013, 400 on 7/29/2014.
- F4These options are exercisable as follows: 500 on 7/27/2011, 500 on 7/27/2012, 500 on 7/27/2013, 500 on 7/27/2014, 500 on 7/27/2015.
- F5These options are exercisable as follows: 800 on 3/21/2012, 800 on 3/21/2013, 800 on 3/21/2014, 800 on 3/21/2015, 800 on 3/21/2016.
- F6These options are exercisable as follows: 800 on 12/5/2013, 800 on 12/5/2014, 800 on 12/5/2015, 800 on 12/5/2016, 800 on 12/5/2017.
- F7These options are exercisable as follows: 800 on 6/21/2014, 800 on 6/21/2015, 800 on 6/21/2016, 800 on 6/21/2017, 800 on 6/21/2018.
- F8These options are exercisable as follows: 1000 on 7/22/2015, 1000 on 7/22/2016, 1000 on 7/22/2017, 1000 on 7/22/2018, 1000 on 7/22/2019.