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Primis Financial Corp. — Director's Dealing 2020
Feb 27, 2020
33458_dirs_2020-02-27_50358152-dc37-41bf-9261-ffed8fa04cf2.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: 2020-02-25
Reporting Person: DERRICO GEORGIA S (Director, Executive Chairman)
Reporting Person: PORTER R RODERICK (Director, Vice Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-25 | Common Stock | P | 2652 | $15.0421 | Acquired | 556738 | Direct |
| 2020-02-26 | Common Stock | P | 2637 | $15.1307 | Acquired | 559375 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 750 | Direct |
| Common Stock | 105375 | Indirect |
| Common Stock | 45235 | Indirect |
| Common Stock | 16273 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $7.92 | 2022-12-05 | Common Stock (40000) | 40000 | Direct |
| Employee Stock Option (Right to Buy) | $9.14 | 2023-06-21 | Common Stock (40000) | 80000 | Direct |
| Employee Stock Option (Right to Buy) | $10.47 | 2024-07-22 | Common Stock (48000) | 128000 | Direct |
| Employee Stock Option (Right to Buy) | $11.43 | 2025-06-19 | Common Stock (48000) | 176000 | Direct |
| Employee Stock Option (Right to Buy) | $11.99 | 2026-06-16 | Common Stock (48000) | 224000 | Direct |
Footnotes
F1: Includes restricted stock which vests in five annual installments beginning March 31, 2019. Owned as follows: 10,000 by Georgia S. Derrico and 10,000 by R. Roderick Porter.
F2: Includes restricted stock which vests in five annual installments beginning January 24, 2020. Owned as follows: 10,000 by Georgia S. Derrico and 10,000 by R. Roderick Porter.
F3: Includes restricted stock which vests in five annual installments beginning February 14, 2021. Owned as follows: 10,000 by Georgia S. Derrico and 10,000 by R. Roderick Porter.
F4: These shares are owned jointly. Georgia S. Derrico and R. Roderick Porter are married.
F5: These shares are owned by Georgia S. Derrico.
F6: These shares are held in an IRA owned by Georgia S. Derrico.
F7: These shares are held in an IRA owned by R. Roderick Porter.
F8: These shares are held in a 401k plan as follows: 8,074 by Georgia S. Derrico and 8,199 by R. Roderick Porter.
F9: These options are owned as follows: 20,000 by Georgia S. Derrico and 20,000 by R. Roderick Porter.
F10: These options are owned as follows: 24,000 by Georgia S. Derrico and 24,000 by R. Roderick Porter.
F11: 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.
F12: 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.