Scott C Frank III 4
4 · BAY BANKS OF VIRGINIA INC · Filed Jan 27, 2020
Insider Transaction Report
Form 4
Scott C Frank III
DirectorChairman
Transactions
- Award
Common Stock
2020-01-23$8.79/sh+4,359$38,316→ 232,251 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 performance award shares is based on the company's achievement of ROAA over a 12-quarter period ending 12/31/2022.