COTTRELL ELIZABETH H 4
4 · FIRST NATIONAL CORP /VA/ · Filed Jul 3, 2012
Insider Transaction Report
Form 4
COTTRELL ELIZABETH H
Director
Transactions
- Exercise of In-Money
Common Stock
2012-06-29$4.00/sh+6,250$25,000→ 10,296 total - Exercise of In-Money
Subscription Rights
2012-06-29−6,250→ 0 totalExercise: $4.00From: 2012-05-04Exp: 2012-06-25→ Common Stock (6,250 underlying)
Footnotes (1)
- [F1]Subscription rights distributed to holders of common stock, par value $1.25 per share, of First National Corporation (the "Company") as of the close of business on May 4, 2012, to purchase shares of the Company's common stock at a subscription price of $4.00 per share (the "Rights Offering") by exercising the basic subscription rights and over-subscription privilege in the Rights Offering. The Rights Offering expired at 5:00 p.m., Eastern Daylight Time, on June 25, 2012 and closed on June 29, 2012.