4//SEC Filing
Cordia Bancorp Inc 4
Accession 0001225208-16-038635
CIK 0001466292operating
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 9:10 AM ET
Size
10.1 KB
Accession
0001225208-16-038635
Insider Transaction Report
Form 4
SEVERSON MARK A
EVP & CFO
Transactions
- Disposition to Issuer
Common Stock
2016-08-31−2,360→ 0 total - Disposition to Issuer
Common Stock
2016-08-31−6,000→ 0 total(indirect: By IRA) - Disposition to Issuer
Stock Option (right to buy)
2016-08-31−10,000→ 0 totalExercise: $4.41Exp: 2023-09-16→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2016-08-31−10,140→ 0 total(indirect: Restricted Stock)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of May 19, 2016, by and among Cordia Bancorp Inc., Bank of Virginia, First-Citizens Bank & Trust Company, and FC Merger Subsidiary I, Inc., at the effective time of the merger each share of Cordia Bancorp Inc. common stock was exchanged for $5.15 in cash.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of May 19, 2016, by and among Cordia Bancorp Inc., Bank of Virginia, First-Citizens Bank & Trust Company, and FC Merger Subsidiary I, Inc., this stock option was cancelled and the reporting person received a cash payment equal to $5.15 per share minus the applicable exercise price of such stock option multiplied by each stock option held.
Documents
Issuer
Cordia Bancorp Inc
CIK 0001466292
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0001466292
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 9:10 AM ET
- Size
- 10.1 KB