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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.