Cordia Bancorp Inc 4
4 · Cordia Bancorp Inc · Filed Sep 1, 2016
Insider Transaction Report
Form 4
Barzel Roy I
EVP/Chief Credit Off-BOVA
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2016-08-31−5,312→ 0 totalExercise: $11.29From: 2012-08-24Exp: 2021-08-24→ Common Stock (5,312 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-08-31−5,312→ 0 totalExercise: $5.35From: 2014-03-27Exp: 2023-03-27→ Common Stock (5,312 underlying) - Disposition to Issuer
Common Stock
2016-08-31−9,853→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2016-08-31−771→ 0 total - Disposition to Issuer
Common Stock
2016-08-31−40,000→ 0 total(indirect: Restricted Stock)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of May 19, 2016, by and among Cordia Bancorp Inc., Bank of Virginia, First-Citizens Bank & Trust Company, and FC Merger Subsidiary I, Inc., at the effective time of the merger each share of Cordia Bancorp Inc. common stock was exchanged for $5.15 in cash.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of May 19, 2016, by and among Cordia Bancorp Inc., Bank of Virginia, First-Citizens Bank & Trust Company, and FC Merger Subsidiary I, Inc., this stock option was cancelled and the reporting person did not receive any cash payment.