FIRST NATIONAL CORP /VA/ — Director's Dealing 2016

May 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST NATIONAL CORP /VA/ (FXNC)
CIK: 0000719402
Period of Report: 2016-05-23

Reporting Person: HARVARD SCOTT C (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-23	Common Stock, $1.25 par value	P	600	$9.7417	Acquired	1000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (3608)	3608	Direct

Footnotes

F1: Owns an additional 28,577 direct shares.

F2: Each restricted stock unit represents a contingent right to receive one share of FXNC common stock.

F3: The restricted stock units vest in installments, with 1,582 shares vesting on February 10, 2017, 444 shares vesting on February 11, 2017, and 1,582 shares vesting on February 10, 2018.