Home/Filings/4/0001209191-18-000688
4//SEC Filing

WITT W LEWIS 4

Accession 0001209191-18-000688

CIK 0001143155other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 2:47 PM ET

Size

17.5 KB

Accession

0001209191-18-000688

Insider Transaction Report

Form 4
Period: 2018-01-01
WITT W LEWIS
Director
Transactions
  • Disposition to Issuer

    Common Stock

    2018-01-01900 total(indirect: By retirement account FBO W. Lewis Witt)
  • Disposition to Issuer

    Common Stock

    2018-01-01250 total(indirect: By IRA)
  • Disposition to Issuer

    Common Stock

    2018-01-016030 total(indirect: By TOD registration account FBO Judith W. Witt)
  • Disposition to Issuer

    Common Stock

    2018-01-0112,9740 total
  • Disposition to Issuer

    Common Stock

    2018-01-014920 total(indirect: By Inner-View, Ltd. of which Mr. Witt is owner and President)
  • Disposition to Issuer

    Common Stock

    2018-01-013170 total(indirect: By Spouse)
  • Disposition to Issuer

    Common Stock

    2018-01-01300 total(indirect: By TOD registration account FBO W. Lewis Witt)
Footnotes (8)
  • [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 12,135 shares of Union common stock held 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 296 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 84 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, these shares of Xenith common stock were converted into the right to receive 23 shares of Union common stock having a market value of $33.83 per share.
  • [F6]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 564 shares of Union common stock having a market value of $33.83 per share.
  • [F7]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 28 shares of Union common stock having a market value of $33.83 per share.
  • [F8]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 460 shares of Union common stock having a market value of $33.83 per share.

Issuer

Xenith Bankshares, Inc.

CIK 0001143155

Entity typeother

Related Parties

1
  • filerCIK 0001239284

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 2:47 PM ET
Size
17.5 KB