Armstrong Gary L. 4
4 · BAY BANKS OF VIRGINIA INC · Filed Jun 28, 2018
Insider Transaction Report
Form 4
Armstrong Gary L.
Executive Vice President
Transactions
- Award
Common Stock
2018-06-26$9.90/sh+1,768$17,503→ 20,655 total - Award
Common Stock
2018-06-26$9.90/sh+1,767$17,493→ 22,422 total
Footnotes (2)
- [F1]This restricted stock award vests at the rate of one-third each year over a three year term from the award date.
- [F2]The vesting of these performance award shares is based on the Company's return on average assets over the three-year period ending 12/31/2020.