4//SEC Filing
Gordon Thomas L 4
Accession 0001225208-13-009256
CIK 0001466292other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 9:04 PM ET
Size
10.2 KB
Accession
0001225208-13-009256
Insider Transaction Report
Form 4
Gordon Thomas L
Director
Transactions
- Other
Common Stock
2013-03-29+10,019→ 10,019 total - Other
Stock Option (right to buy)
2013-03-29+1,328→ 1,328 totalExercise: $60.24Exp: 2015-08-15→ Common Stock (1,328 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 of Cordia Bancorp Inc. common stock, rounded down to the nearest whole share.
- [F2]Pursuant 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.
- [F3]Stock options are fully vested and exercisable.
Documents
Issuer
Cordia Bancorp Inc
CIK 0001466292
Entity typeother
Related Parties
1- filerCIK 0001573370
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 9:04 PM ET
- Size
- 10.2 KB