SEC Form 4 · accession 0001593183-17-000001
Virginia National Bankshares Corp · VABK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn W Rust
Officer — President & CEO · Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 2, 2017 · 4:42 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| Commom Stock | Feb 1, 2017 | M | 1,500 | $15.7391 | A | 20,278 | D | |
| Common Stock | Feb 1, 2017 | M | 3,750 | $15.09 | A | 24,028 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011 Incentive Stock Option (right to buy)F1 | $15.7391 | Feb 1, 2017 | M | 1,500 | D | — | Mar 21, 2021 | Common Stock | 1,500 | 0 | D |
| 2013 Incentive Stock Option (right to buy)F2 | $15.09 | Feb 1, 2017 | M | 3,750 | D | — | Feb 19, 2023 | Common Stock | 3,750 | 1,250 | D |
Explanation of responses
- F1This option vested in four equal installments on March 21, 2012, 2013, 2014 and 2015.
- F2This option vests in four equal installments on February 19, 2014, 2015, 2016 and 2017.