SEC Form 4 · accession 0001593149-18-000003
Virginia National Bankshares Corp · VABK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna G Shewmake
Officer — EVP, General Counsel & Secreta
Period of report
May 17, 2018
Accepted (ET)
May 21, 2018 · 5:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001572334
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 17, 2018 | M | 2,257 | $22.1532 | A | 3,569 | D |
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 2008-06-ISO (right to buy)F1,F3 | $22.1532 | May 17, 2018 | M | 2,257 | D | — | Jun 3, 2018 | Common Stock | 2,257 | 0 | D |
| Employee Stock Option 2018-03-ISO (right to buy)F4 | $44.75 | May 17, 2018 | A | 5,250 | A | — | May 16, 2028 | Common Stock | 5,250 | 5,250 | D |
Explanation of responses
- F1Number of shares and price per share of options exercised was adjusted for 5% stock dividend issued on April 13, 2018 and prior stock dividend(s).
- F2Prior shares owned have been adjusted for 5% stock dividend issued on April 13, 2018.
- F3This option vested in four equal annual installments beginning June 3, 2009
- F4This option vests in five equal annual installments beginning May 17, 2019.