SEC Form 4 · accession 0001225208-16-036289
Cordia Bancorp Inc · BVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
O R Barham Jr.
Officer — Pres. & CEO - Bank of Virginia
Period of report
Jul 1, 2016
Accepted (ET)
Jul 6, 2016 · 3:00 pm EDT
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 | Jul 1, 2016 | A | 2,485 | $0.00 | A | 12,357 | D |
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 | $3.85 | holding | — | — | — | Aug 5, 2016 | Aug 5, 2025 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Represents a quarterly stock award granted to Mr. Barham pursuant to the terms of his employment offer letter from Cordia Bancorp Inc. and Bank of Virginia.
- F2All stock options will vest and become fully exercisable on August 5, 2016.