Boyd C Rodes Jr 4
4 · BLUE RIDGE BANKSHARES, INC. · Filed Mar 19, 2021
Insider Transaction Report
Form 4
Boyd C Rodes Jr
Executive Vice President
Transactions
- Award
Common Stock
2021-01-31+6,783→ 6,783 total - Award
Common Stock
2021-02-01+7,000→ 13,783 total - Disposition to Issuer
Common Stock
2021-03-16$213991.00/sh−6,513$1,393,723,383→ 7,270 total - Award
Stock Option (right to buy)
2021-01-31+1,250→ 1,250 totalExercise: $20.70From: 2021-01-31Exp: 2027-12-07→ Common Stock (1,250 underlying) - Award
Stock Option (right to buy)
2021-01-31+1,250→ 1,250 totalExercise: $16.20From: 2021-01-31Exp: 2021-12-07→ Common Stock (1,250 underlying)
Footnotes (5)
- [F1]Received in exchange for 13,567 shares of Bay Banks of Virginia, Inc. ("Bay Banks") common stock in connection with the merger of Bay Banks with and into Blue Ridge Bankshares, Inc. ("Blue Ridge") effective January 31, 2021 (the "Merger"). At the effective time of the Merger at 7:00 p.m. on January 31, 2021 (the "Effective Time"), each outstanding share of common stock of Bay Banks converted into the right to receive 0.5000 shares of Blue Ridge common stock. On January 29, 2021, the last trading day before the Effective Time, the closing price of Bay Banks' common stock was $9.50 per share and the closing price of Blue Ridge's common stock was $18.83 per share. All fractional share holdings were paid in cash.
- [F2]Award of time-based restricted stock, per employment agreement, subject to a vesting schedule.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in 47 transactions at prices of $21.43, $21.37, $21.36, $21.425, $21.30, $21.35, $21.4029, $21.47, $21.48, $21.42, $21.465, $21.38, and $21.41.
- [F4]Received in the Merger in exchange for stock options to acquire 2,500 shares of Bay Banks common stock for $10.35 per share.
- [F5]Received in the Merger in exchange for stock options to acquire 2,500 shares of Bay Banks common stock for $8.10 per share.