4//SEC Filing
ACCESS NATIONAL CORP 4
Accession 0001209191-17-024992
CIK 0001176316operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:59 PM ET
Size
5.4 KB
Accession
0001209191-17-024992
Insider Transaction Report
Form 4
CULVER JEFFREY
Executive VP, COO
Transactions
- Award
common stock
2017-04-01+47,941→ 47,941 total
Footnotes (1)
- [F1]Received in exchange for 36,008 shares of Middleburg Financial Corporation ("Middleburg") common stock in connection with the merger of Middleburg with and into Access National Corporation ("Access") effective April 1, 2017 (the "Merger"), and includes 22,675 shares of Access common stock received in exchange for 17,031 shares of Middleburg restricted stock that vested in connection with the Merger. At the effective time of the Merger at 12:01 a.m. on April 1, 2017, each outstanding share of Middleburg converted into the right to receive 1.3314 shares of Access common stock. On March 31, 2017, the last trading day before the effective date of the Merger, the closing price of Middleburg's common stock was $40.04 per share and the closing price of Access's common stock was $30.02 per share. All fractional share holdings were paid in cash.
Documents
Issuer
ACCESS NATIONAL CORP
CIK 0001176316
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0001176316
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:59 PM ET
- Size
- 5.4 KB