FIRST NATIONAL CORP /VA/ — Director's Dealing 2020

Feb 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST NATIONAL CORP /VA/ (FXNC)
CIK: 0000719402
Period of Report: 2020-02-12

Reporting Person: BELL MICHAEL SHANE (EVP/CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-12	Common Stock, $1.25 par value	A	832	—	Acquired	20973.3283	Direct
2020-02-12	Common Stock, $1.25 par value	F	295	$20.94	Disposed	20678.3283	Direct
2020-02-13	Common Stock, $1.25 par value	M	172	—	Acquired	20850.3283	Direct
2020-02-13	Common Stock, $1.25 par value	F	61	$20.99	Disposed	20789.3283	Direct
2020-02-14	Common Stock, $1.25 par value	M	400	—	Acquired	21189.3283	Direct
2020-02-14	Common Stock, $1.25 par value	F	142	$20.38	Disposed	21047.3283	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-12	Restricted Stock Units	$	A	1663	Acquired		Common Stock (1663)	Direct
2020-02-13	Restricted Stock Units	$	M	172	Disposed	2020-02-13	Common Stock (172)	Direct
2020-02-14	Restricted Stock Units	$	M	400	Disposed	2020-02-14	Common Stock (400)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of FXNC common stock.

F2: The restricted stock units vest in two equal annual installments beginning February 12, 2021.