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Primis Financial Corp. — Director's Dealing 2019
Oct 29, 2019
33458_dirs_2019-10-29_6e6dde0e-2e5e-4615-a721-58296de17a15.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: 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.