TILLETT RONALD L 4
4 · Atlantic Union Bankshares Corp · Filed Apr 4, 2023
Insider Transaction Report
Form 4
TILLETT RONALD L
Director
Transactions
- Award
Phantom Stock
2023-04-03$35.05/sh+428$15,001→ 7,463.816 total(indirect: By Trust)→ Common Stock (428 underlying)
Holdings
- 29,795.066
Common Stock
Footnotes (5)
- [F1]Includes additional shares acquired through dividend reinvestment since the reporting person's last Form 4.
- [F2]Includes 1,357 shares transferred from the reporting owner's deferred compensation plan.
- [F3]Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director; provided, that if the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash.
- [F4]Includes 8,106.545 shares previously reported by the reporting person in Table I as common stock indirectly held by Trustee of Non-Qualified Plan (deferred comp). Such number of shares are phantom stock received under the Company's non-qualified deferred compensation plan that may be settled in cash, were inadvertently reported in Table I instead of Table II, and will no longer be reported by the reporting person as common stock in Table I.
- [F5]Share amount adjusted to reflect transfer of 1,357 shares to reporting owner's direct holdings.