4//SEC Filing
MAJIKES LINDA 4
Accession 0001209191-18-000520
CIK 0001143155other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 11:23 AM ET
Size
12.2 KB
Accession
0001209191-18-000520
Insider Transaction Report
Form 4
MAJIKES LINDA
SVP and Director of HR
Transactions
- Disposition to Issuer
Common Stock
2018-01-01−66→ 0 total(indirect: By son) - Disposition to Issuer
Common Stock
2018-01-01−6,272→ 0 total - Disposition to Issuer
Restricted Stock Units
2018-01-01−156→ 0 totalExercise: $0.00→ Common Stock (156 underlying) - Disposition to Issuer
Common Stock
2018-01-01−704→ 0 total(indirect: By Spouse)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Reorganization (the "Merger Agreement") between Xenith Bankshares, Inc. ("Xenith") and Union Bankshares Corporation ("Union"), Xenith was merged with and Union (the "Merger") on January 1, 2018. Pursuant to the Merger Agreement, at the effective time of the Merger, each share of Xenith common stock that was outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.9354 shares of Union common stock (the "Exchange Ratio") and cash in lieu of any fractional shares (together, the "Merger Consideration").
- [F2]Pursuant to the Merger Agreement, at the effective time of the Merger, these shares of Xenith common stock were converted into the right to receive 5,867 shares of Union common stock having a market value of $33.83 per share.
- [F3]Pursuant to the Merger Agreement, at the effective time of the Merger, these shares of Xenith common stock were converted into the right to receive 659 shares of Union common stock having a market value of $33.83 per share.
- [F4]Pursuant to the Merger Agreement, at the effective time of the Merger, these shares of Xenith common stock were converted into the right to receive 62 shares of Union common stock having a market value of $33.83 per share.
- [F5]Pursuant to the Merger Agreement, at the effective time of the Merger, each Xenith restricted stock unit that was outstanding and unsettled, unvested or contingent immediately prior to the effective time of the Merger vested fully and was converted into the right to receive, without interest, the Merger Consideration payable in respect of each share of Xenith common stock underlying such Xenith restricted stock unit.
Documents
Issuer
Xenith Bankshares, Inc.
CIK 0001143155
Entity typeother
Related Parties
1- filerCIK 0001681002
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 11:23 AM ET
- Size
- 12.2 KB