4//SEC Filing
Frostick Randolph D 4
Accession 0001209191-21-025338
CIK 0001572334other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 6:00 PM ET
Size
6.9 KB
Accession
0001209191-21-025338
Insider Transaction Report
Form 4
Frostick Randolph D
Director
Transactions
- Award
Common Stock
2021-04-01+6,151→ 6,151 total - Award
Common Stock
2021-04-01+926→ 7,077 total
Footnotes (2)
- [F1]Received in exchange for 9,115 shares of Fauquier Bankshares, Inc. ("Fauquier") common stock in connection with the merger of Fauquier with and into Virginia National Bankshares Corporation ("Virginia National") effective April 1, 2021 (the "Merger"). At the effect time of the Merger at 12:01 a.m. on April 1, 2021 (the "Effective Time"), each outstanding share of common stock of Fauquier converted into the right to receive 0.675 shares of Virginia National common stock. On March 31, 2021, the last trading day before the Effective Time, the closing price of the common stock of Fauquier was $21.28 per share and the closing price of the common stock of Virginia National was $30.35 per share. All fractional share holdings were paid in cash.
- [F2]This option vests in four equal annual installments beginning April 1, 2022.
Documents
Issuer
Virginia National Bankshares Corp
CIK 0001572334
Entity typeother
Related Parties
1- filerCIK 0001453101
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 6:00 PM ET
- Size
- 6.9 KB