Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Primis Financial Corp. Director's Dealing 2019

Oct 29, 2019

33458_dirs_2019-10-29_6e6dde0e-2e5e-4615-a721-58296de17a15.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Southern National Bancorp of Virginia Inc (SONA)
CIK: 0001325670
Period of Report: 2019-10-29

Reporting Person: DERRICO GEORGIA S (Executive Chairman)
Reporting Person: PORTER R RODERICK (Vice Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-10-29 Common Stock P 10000 $7.04 Acquired 494086 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-29 Employee Stock Option (Right to Buy) $7.04 P 10000 Disposed 2020-07-27 Common Stock (10000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 750 Direct
Common Stock 105375 Indirect
Common Stock 45235 Indirect
Common Stock 7627.65 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (Right to Buy) $7.2 2021-03-21 Common Stock (40000) 40000 Direct
Employee Stock Option (Right to Buy) $7.92 2022-12-05 Common Stock (40000) 80000 Direct
Employee Stock Option (Right to Buy) $9.14 2023-06-21 Common Stock (40000) 120000 Direct
Employee Stock Option (Right to Buy) $10.47 2024-07-22 Common Stock (48000) 168000 Direct
Employee Stock Option (Right to Buy) $11.43 2025-06-19 Common Stock (48000) 216000 Direct
Employee Stock Option (Right to Buy) $11.99 2026-06-16 Common Stock (48000) 264000 Direct

Footnotes

F1: Includes restricted stock which vests in 5 annual installments beginning January 24, 2020. Owned as follows: 10,000 by Georgia S. Derrico and 10,000 by R. Roderick Porter.

F2: These shares are owned jointly. Georgia S. Derrico and R. Roderick Porter are married.

F3: These shares are owned by Georgia S. Derrico.

F4: These shares are held in an IRA owned by Georgia S. Derrico.

F5: These shares are held in an IRA owned by R. Roderick Porter.

F6: These shares are held in a 401k plan as follows: 3794.6065 by Georgia S. Derrico and 3835.0412 by R. Roderick Porter.

F7: These shares are owned as follows: 5,000 by Georgia S. Derrico and 5,000 by R. Roderick Porter.

F8: These options are owned as follows: 20,000 by Georgia S. Derrico and 20,000 by R. Roderick Porter.

F9: These options are owned as follows: 24,000 by Georgia S. Derrico and 24,000 by R. Roderick Porter.

F10: These options are exercisable as follows: 9600 on 6/19/16, 9600 on 6/19/17, 9600 on 6/19/18, 9600 on 6/19/19, 9600 on 6/19/20.

F11: These options are exercisable as follows: 9600 on 6/16/17, 9600 on 6/16/18, 9600 on 6/16/19, 9600 on 6/16/20, 9600 on 6/16/21.