SEC Form 4 · accession 0001643513-17-000001
Virginia National Bankshares Corp · VABK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan K Payne
Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:57 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 1, 2017 | M | 2,204 | $22.6087 | A | 10,204 | D | |
| Common Stock | Mar 1, 2017 | M | 2,224 | $18.2609 | A | 12,428 | 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 2008-06-NQ (right to buy)F1 | $22.6087 | Mar 1, 2017 | M | 2,204 | D | — | Sep 22, 2018 | Common Stock | 2,204 | 0 | D |
| Stock Option 2009-01-NQ (right to buy)F2 | $18.2609 | Mar 1, 2017 | M | 2,224 | D | — | Mar 16, 2019 | Common Stock | 2,224 | 0 | D |
Explanation of responses
- F1(1) This option vested in five equal installments on September 22, 2009, 2010, 2011, 2012 and 2013.
- F2(2) This option vested in five equal installments on March 16, 2010, 2011, 2012, 2013 and 2014.