TILLETT RONALD L 4
4 · Atlantic Union Bankshares Corp · Filed Jan 4, 2024
Insider Transaction Report
Form 4
TILLETT RONALD L
Director
Transactions
- Exercise/Conversion
Common Stock
2024-01-02+1,637→ 31,432.177 total - Award
Phantom Stock
2024-01-02$36.54/sh+445$16,260→ 7,535.037 total(indirect: By Trust)→ Common Stock (445 underlying) - Exercise/Conversion
Phantom Stock
2024-01-02−1,637→ 7,090.037 total(indirect: By Trust)→ Common Stock (1,637 underlying)
Footnotes (3)
- [F1]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 time elected by the reporting person in the reporting person's deferred compensation election form; 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.
- [F2]On January 2, 2024, 1,637 shares of the reporting person's phantom stock settled for an equal number of shares of the Company's common stock.
- [F3]Based on the market closing price on the last trading day before the transaction date.