SEC Form 4 · accession 0001225208-16-028454
Cordia Bancorp Inc · BVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Waddy Garrett
Director
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 5:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001466292
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 24, 2016 | A | 2,325 | $0.00 | A | 2,325 | I | By Stock Award |
| Common Stock | holding | — | — | — | 88,429 | D | ||
| Common Stock | holding | — | — | — | 2,700 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $60.24 | holding | — | — | — | — | Aug 15, 2015 | Common Stock | 1,328 | 1,328 | D |
Explanation of responses
- F1Represents a grant of restricted stock under the Cordia Bancorp Inc. 2011 Stock Incentive Plan. Shares vest in twelve equal installments on the 24th day of each month during the year ending December 31, 2016, with the vesting of the first two installments occurring immediately on the date of grant.
- F2Stock options are fully vested and exercisable.