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Primis Financial Corp. Director's Dealing 2010

Aug 14, 2010

33458_dirs_2010-08-13_3128dc7a-ea4e-49cf-b235-d9e4fd551e5f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Southern National Bancorp of Virginia Inc (SONA)
CIK: 0001325670
Period of Report: 2010-07-27

Reporting Person: DERRICO GEORGIA S (Director, Chairman of the Board)
Reporting Person: PORTER R RODERICK (Director, President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-07-27 Employee Stock Option (Right to Buy) $7.04 A 10000 Acquired 2020-07-27 Common Stock (10000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Southern National Bancorp of Virginia Common Stock 312250 Direct
Southern National Bancorp of Virginia Common Stock 70125 Indirect
Southern National Bancorp of Virginia Common Stock 30495 Indirect
Southern National Bancorp of Virginia Common Stock 4011 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrants (Right to Buy) $9.09 2014-10-21 Common Stock (16500) 16500 Direct
Employee Stock Option (Right to Buy) $9.09 2015-04-04 Common Stock (55000) 55000 Direct
Employee stock Options (Right to Buy) $9.09 2015-11-17 Common Stock (5500) 60500 Direct
Employee Stock Option (Right to Buy) $9.2 2018-01-23 Common Stock (20000) 80500 Direct
Employee Stock Options (Right to Buy) $5.5 2019-01-27 Common Stock (22000) 102500 Direct

Footnotes

F1: These shares are owned jointly, Georgia S. Derrico and R. Roderick Porter are married.

F2: These shares are owned in an IRA account for Georgia S. Derrico.

F3: These shares are owned in an IRA account for R. Roderick Porter.

F4: These shares are owned as follows: 1830 by Georgia S. Derrico and 2181 by R. Roderick Porter.

F5: These warrants are owned as follows: 8250 by Georgia S. Derrico and 8250 by R. Roderick Porter.

F6: These options are owned as follows: 27,500 by Georgia S. Derrico and 27,500 by R. Roderick Porter.

F7: These options are owned as follows: 2750 by Georgia S. Derrico and 2750 by R. Roderick Porter.

F8: These options are exercisable as follows: 4000 on 1/23/2009, 4000 on 1/23/2010, 4000 on 1/23/2011, 4000 on 1/23/2012, 4000 on 1/23/2013.

F9: These options are owned as follows: 10,000 by Georgia S. Derrico and 10,000 by R. Roderick Porter.

F10: These options are exercisable as follows: 4400 on 1/27/2009, 4400 on 1/27/2010, 4400 on 1/27/2011, 4400 on 1/27/2012, 4400 on 1/27/2013, 4400 on 1/27/2014.

F11: These options are owned as follows: 11,000 by Georgia S. Derrico and 11,000 by R. Roderick Porter.

F12: These options are exercisable as follows: 2000 on 7/27/2011, 2000 on 7/27/2012, 2000 on 7/27/2013, 2000 on 7/27/2014, 2000 on 7/27/2015.

F13: These shares are owned as follows: 5,000 by Georgia S. Derrico and 5,000 by R. Roderick Porter.