SEC Form 4 · accession 0001593183-16-000002
Virginia National Bankshares Corp · VABK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn W Rust
Officer — President and CEO · Director
Period of report
Jun 2, 2016
Accepted (ET)
Jun 6, 2016 · 6:41 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 Stock | Jun 2, 2016 | M | 1,130 | $15.6522 | A | 19,908 | D | |
| Common Stock | Jun 2, 2016 | S | 1,130 | $24.50 | D | 18,778 | D | |
| Common Stock | Jun 6, 2016 | M | 100 | $15.6522 | A | 18,878 | D | |
| Common Stock | Jun 6, 2016 | S | 100 | $24.50 | D | 18,778 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)- 2010F1 | $15.6522 | Jun 2, 2016 | M | 1,130 | D | — | Apr 19, 2020 | Common Stock | 1,130 | 4,620 | D |
| Incentive Stock Option (right to buy)- 2010F1 | $15.6522 | Jun 6, 2016 | M | 100 | D | — | Apr 19, 2020 | Common Stock | 100 | 4,520 | D |
Explanation of responses
- F1The option vested in four equal installments on April 19, 2011, 2012, 2013 and 2014.