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4//SEC Filing

Primm Vera 4

Accession 0001225208-13-009241

CIK 0001466292other
View on SEC.govCompany Profile

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 8:52 PM ET

Size

11.2 KB

Accession

0001225208-13-009241

Insider Transaction Report

Form 4
Period: 2013-03-29
Cordia Bancorp IncBVA
Primm Vera
SVP,Controller,InterimCFO-BOVA
Transactions
  • Other

    Stock Option (right to buy)

    2013-03-29+2,656→ 2,656 total
    Exercise: $5.35From: 2014-03-27Exp: 2023-03-27→ Common Stock (2,656 underlying)
  • Other

    Stock Option (right to buy)

    2013-03-29+2,656→ 2,656 total
    Exercise: $5.83From: 2013-10-23Exp: 2022-10-23→ Common Stock (2,656 underlying)
Footnotes (3)
  • [F1]On March 29, 2013, Cordia Bancorp Inc. completed the reorganization of Bank of Virginia into a wholly-owned subsidiary of Cordia Bancorp Inc. pursuant to an Agreement and Plan of Share Exchange between Cordia Bancorp Inc. and Bank of Virginia. Cordia Bancorp Inc. common stock is deemed registered under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), as the successor to Bank of Virginia pursuant to subsection (a) of Rule 12g-3 promulgated under the Exchange Act. Pursuant to the Articles of Share Exchange, each share of Bank of Virginia common stock was exchanged for 0.664 of a share oPursuant to the Articles of Share Exchange, each option to purchase a share of Bank of Virginia common stock was converted into an option to purchase 0.664 of a share of Cordia Bancorp Inc. common stock, rounded down to the nearest whole share. The option conversion price was adjusted by dividing the original exercise price of the option by the 0.664 exchange ratio.
  • [F2]Stock options vest in four equal annual installments beginning on March 27, 2014, the first anniversary of the date of the grant.
  • [F3]Stock options vest in four equal annual installments beginning on October 23, 2013, the first anniversary of the date of the grant.

Documents

2 files

Issuer

Cordia Bancorp Inc

CIK 0001466292

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Entity typeother

Related Parties

1
  • filerCIK 0001573373

Filing Metadata

Form type
4
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 8:52 PM ET
Size
11.2 KB
View on SEC.gov