Form 4 for BRBS BLUE RIDGE BANKSHARES, INC.
Accepted 2024-07-02 00:00:00 ET · period of report 2024-06-28 · accession 0000950170-24-081021 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-07-02 | 2024-06-28 | BRBS | Montano Trevor | Dir | C - Cnv Deriv | — | +244.6K | 260.0K | +1,592% | — |
| D | 2024-07-02 | 2024-06-28 | BRBS | Montano Trevor | Dir | C - Cnv Deriv | — | +227.4K | 241.7K | +1,592% | — |
| DMI | 2024-07-02 | 2024-06-28 | BRBS | Montano Trevor | Dir | C - Cnv Deriv | $0.00 | +130.5K | 0 | New | $0 |
| DM | 2024-07-02 | 2024-06-28 | BRBS | Montano Trevor | Dir | C - Cnv Deriv | $0.00 | +121.3K | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-28 | C | A | 244,630.76 | — | 260,000 | I | — | — | (F1) The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, converted into shares of common stock on a 1-for-4,000 basis. |
| 2 | Common | Common Stock | 2024-06-28 | C | A | 227,369.24 | — | 241,654 | D By managed account | — | — | (F1) The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, converted into shares of common stock on a 1-for-4,000 basis. (F2) The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest in the securities. |
| 3 | Derivative | Warrant (right to buy) | 2024-06-28 | C | A | 130,607 | — | 130,607 | I | — · 2024-04-03 to 2029-04-03 | 130,607 Common Stock | (F5) The Series B Warrant was exercisable to purchase shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, at a price of $10,000 per share, subject to certain adjustments. Upon the Mandatory Conversion, the Series B Warrant became exercisable to purchase shares of Common Stock (reflecting a conversion on a 1-for-4,000 basis) at a price of $2.50 per share, subject to certain adjustments. (F4) The shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, underlying the warrant converted into shares of common stock on a 1-for-4,000 basis. |
| 4 | Derivative | Warrant (right to buy) | 2024-06-28 | C | A | 121,392 | — | 121,392 | D | — · 2024-04-03 to 2029-04-03 | 121,392 Common Stock | (F5) The Series B Warrant was exercisable to purchase shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, at a price of $10,000 per share, subject to certain adjustments. Upon the Mandatory Conversion, the Series B Warrant became exercisable to purchase shares of Common Stock (reflecting a conversion on a 1-for-4,000 basis) at a price of $2.50 per share, subject to certain adjustments. (F4) The shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, underlying the warrant converted into shares of common stock on a 1-for-4,000 basis. |
| 5 | Derivative | Warrant (right to buy) | 2024-06-28 | C | D | 32.65 | — | 0 | I | — · 2024-04-03 to 2029-04-03 | 32.65 Series B Preferred Stock | (F5) The Series B Warrant was exercisable to purchase shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, at a price of $10,000 per share, subject to certain adjustments. Upon the Mandatory Conversion, the Series B Warrant became exercisable to purchase shares of Common Stock (reflecting a conversion on a 1-for-4,000 basis) at a price of $2.50 per share, subject to certain adjustments. (F4) The shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, underlying the warrant converted into shares of common stock on a 1-for-4,000 basis. |
| 6 | Derivative | Warrant (right to buy) | 2024-06-28 | C | D | 30.35 | — | 0 | D By managed account | — · 2024-04-03 to 2029-04-03 | 30.35 Series B Preferred Stock | (F5) The Series B Warrant was exercisable to purchase shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, at a price of $10,000 per share, subject to certain adjustments. Upon the Mandatory Conversion, the Series B Warrant became exercisable to purchase shares of Common Stock (reflecting a conversion on a 1-for-4,000 basis) at a price of $2.50 per share, subject to certain adjustments. (F2) The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest in the securities. (F4) The shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, underlying the warrant converted into shares of common stock on a 1-for-4,000 basis. |
| 7 | Derivative | Series B Preferred Stock | 2024-06-28 | C | D | 61.16 | $0.00 | 0 | I By managed account | — · — to — | 244,630.76 Common Stock | (F2) The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest in the securities. (F1) The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, converted into shares of common stock on a 1-for-4,000 basis. (F3) The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, is perpetual and therefore has no expiration date. |
| 8 | Derivative | Series B Preferred Stock | 2024-06-28 | C | D | 56.84 | $0.00 | 0 | D By managed account | — · — to — | 227,369.24 Common Stock | (F2) The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest in the securities. (F1) The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, converted into shares of common stock on a 1-for-4,000 basis. (F3) The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, is perpetual and therefore has no expiration date. |