SEC Form 4 · accession 0000883948-16-000361
Atlantic Union Bankshares Corp · AUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth M. Bentley
Officer — EVP
Period of report
Dec 20, 2016
Accepted (ET)
Dec 22, 2016 · 11:53 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000883948
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 20, 2016 | M | 850 | $16.45 | A | 17,022 | D | |
| Common StockF1 | Dec 20, 2016 | S | 850 | $35.9467 | D | 16,172 | D | |
| Common Stock | Dec 20, 2016 | M | 909 | $14.40 | A | 17,081 | D | |
| Common StockF1 | Dec 20, 2016 | S | 909 | $35.9467 | D | 16,172 | D | |
| Common Stock | Dec 20, 2016 | M | 1,057 | $12.11 | A | 17,229 | D | |
| Common StockF1 | Dec 20, 2016 | S | 1,057 | $35.9467 | D | 16,172 | D | |
| Common Stock | holding | — | — | — | 7,450 | I | By Trustee of ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQSO (right-to-buy)F2 | $16.45 | Dec 20, 2016 | M | 850 | D | Apr 28, 2011 | Apr 28, 2020 | Common Stock | 850 | 4,249 | D |
| NQSO (right-to-buy)F3 | $14.40 | Dec 20, 2016 | M | 909 | D | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 909 | 6,359 | D |
| NQSO (right-to-buy)F4 | $12.11 | Dec 20, 2016 | M | 1,057 | D | Apr 26, 2012 | Apr 26, 2021 | Common Stock | 1,057 | 6,347 | D |
Explanation of responses
- F1Price indicated is the weighted average sales price as a result of a series of broker-assisted transactions ranging in price from $35.90 to $35.972 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the range upon request by the SEC staff, the issuer, or any security holder of the issuer.
- F2This option vested in five equal 20% installments, beginning on the first anniversary of the grant date of April 28, 2010.
- F3This option vests in five equal 20% installments, beginning on the first anniversary of the grant date of February 23, 2012.
- F4This option vested in five equal 20% installments, beginning on the first anniversary of the grant date of April 26, 2011.