SEC Form 4 · accession 0001618248-15-000011
FIRST NATIONAL CORP /VA/ · FXNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James C Youngblood
Officer — EVP/Senior Loan Officer
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 11:27 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000719402
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2015 | P | 100 | $9.50 | A | 678 | I | UTMA C/F James II |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | holding | — | — | — | — | — | Common Stock | 266 | 266 | D |
Explanation of responses
- F1Owns an additional 134 direct shares and 1,472 indirect shares.
- F2Each restricted stock unit represents a contingent right to receive one share of FXNC common stock.
- F3The restricted stock units vest in two equal annual installments beginning February 11, 2016.