SEC Form 4 · accession 0001618248-19-000002
FIRST NATIONAL CORP /VA/ · FXNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Shane Bell
Officer — EVP/CFO
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 1:15 pm 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 Stock, $1.25 par valueF1 | Feb 8, 2019 | M | 177 | $0.00 | A | 19,835 | D | |
| Common Stock, $1.25 par value | Feb 8, 2019 | F | 63 | $19.45 | D | 19,772 | 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 UnitsF2 | — | Feb 8, 2019 | M | 177 | D | Feb 8, 2019 | Feb 8, 2019 | Common Stock | 177 | 800 | D |
Explanation of responses
- F1Includes 7,841 shares distributed upon termination of the First National Corporation Employee Stock Ownership Plan on October 10, 2018.
- F2Each restricted stock unit represents a contingent right to receive one share of FXNC common stock.