SEC Form 4 · accession 0001618248-16-000036
FIRST NATIONAL CORP /VA/ · FXNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis A Dysart
Officer — Senior EVP/COO
Period of report
Mar 22, 2016
Accepted (ET)
Mar 23, 2016 · 11:58 am EDT
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 Stock, $1.25 par value | Mar 22, 2016 | P | 28 | $8.90 | A | 13,826 | D |
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 | — | holding | — | — | — | — | — | Common Stock | 2,615 | 2,615 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of FXNC common stock.
- F2The restricted stock units vest in installments, with 382 shares vesting on February 10, 2017, 1,851 shares vesting on February 11, 2017, and 382 shares vesting on February 10, 2018.