PORTER R RODERICK 4

Accession 0001325670-19-000002

CIK 0001325670other

Filed

Oct 28, 8:00 PM ET

Accepted

Oct 29, 10:30 AM ET

Size

20.1 KB

Accession

0001325670-19-000002

Form 4

Period: 2019-10-29

DirectorChariman of the Board

Transactions

Purchase
Common Stock
2019-10-29$7.04/sh+10,000$70,400→ 494,086 total
Purchase
Employee Stock Option (Right to Buy)
2019-10-29$7.04/sh−10,000$70,400→ 0 total
Exercise: $7.04From: 2011-07-27Exp: 2020-07-27→ Common Stock (10,000 underlying)

Holdings

Common Stock
750
Common Stock
(indirect: By IRA)
45,235
Employee Stock Option (Right to Buy)
Exercise: $7.20From: 2012-03-21Exp: 2021-03-21→ Common Stock (40,000 underlying)
40,000
Employee Stock Option (Right to Buy)
Exercise: $7.92From: 2013-12-05Exp: 2022-12-05→ Common Stock (40,000 underlying)
80,000
Employee Stock Option (Right to Buy)
Exercise: $9.14From: 2014-06-21Exp: 2023-06-21→ Common Stock (40,000 underlying)
120,000
Employee Stock Option (Right to Buy)
Exercise: $10.47From: 2015-07-22Exp: 2024-07-22→ Common Stock (48,000 underlying)
168,000
Common Stock
(indirect: By IRA)
105,375
Employee Stock Option (Right to Buy)
Exercise: $11.99From: 2017-06-16Exp: 2026-06-16→ Common Stock (48,000 underlying)
264,000
Employee Stock Option (Right to Buy)
Exercise: $11.43From: 2016-06-19Exp: 2025-06-19→ Common Stock (48,000 underlying)
216,000
Common Stock
(indirect: By 401(k))
7,627.65

DirectorPresident

Transactions

Purchase
Common Stock
2019-10-29$7.04/sh+10,000$70,400→ 494,086 total
Purchase
Employee Stock Option (Right to Buy)
2019-10-29$7.04/sh−10,000$70,400→ 0 total
Exercise: $7.04From: 2011-07-27Exp: 2020-07-27→ Common Stock (10,000 underlying)

Holdings

Common Stock
(indirect: By 401(k))
7,627.65
Employee Stock Option (Right to Buy)
Exercise: $7.20From: 2012-03-21Exp: 2021-03-21→ Common Stock (40,000 underlying)
40,000
Employee Stock Option (Right to Buy)
Exercise: $7.92From: 2013-12-05Exp: 2022-12-05→ Common Stock (40,000 underlying)
80,000
Common Stock
750
Employee Stock Option (Right to Buy)
Exercise: $11.43From: 2016-06-19Exp: 2025-06-19→ Common Stock (48,000 underlying)
216,000
Common Stock
(indirect: By IRA)
45,235
Employee Stock Option (Right to Buy)
Exercise: $10.47From: 2015-07-22Exp: 2024-07-22→ Common Stock (48,000 underlying)
168,000
Common Stock
(indirect: By IRA)
105,375
Employee Stock Option (Right to Buy)
Exercise: $9.14From: 2014-06-21Exp: 2023-06-21→ Common Stock (40,000 underlying)
120,000
Employee Stock Option (Right to Buy)
Exercise: $11.99From: 2017-06-16Exp: 2026-06-16→ Common Stock (48,000 underlying)
264,000

Footnotes (11)

[F1]Includes restricted stock which vests in 5 annual installments beginning January 24, 2020. Owned as follows: 10,000 by Georgia S. Derrico and 10,000 by R. Roderick Porter.
[F10]These options are exercisable as follows: 9600 on 6/19/16, 9600 on 6/19/17, 9600 on 6/19/18, 9600 on 6/19/19, 9600 on 6/19/20.
[F11]These options are exercisable as follows: 9600 on 6/16/17, 9600 on 6/16/18, 9600 on 6/16/19, 9600 on 6/16/20, 9600 on 6/16/21.
[F2]These shares are owned jointly. Georgia S. Derrico and R. Roderick Porter are married.
[F3]These shares are owned by Georgia S. Derrico.
[F4]These shares are held in an IRA owned by Georgia S. Derrico.
[F5]These shares are held in an IRA owned by R. Roderick Porter.
[F6]These shares are held in a 401k plan as follows: 3794.6065 by Georgia S. Derrico and 3835.0412 by R. Roderick Porter.
[F7]These shares are owned as follows: 5,000 by Georgia S. Derrico and 5,000 by R. Roderick Porter.
[F8]These options are owned as follows: 20,000 by Georgia S. Derrico and 20,000 by R. Roderick Porter.
[F9]These options are owned as follows: 24,000 by Georgia S. Derrico and 24,000 by R. Roderick Porter.

Documents

1 file

Southern National Bancorp of Virginia Inc

CIK 0001325670

Entity typeother