Form 4 for FXNC FIRST NATIONAL CORP /VA/
Accepted 2024-10-04 00:00:00 ET · period of report 2024-10-01 · accession 0001437749-24-030735 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-10-04 | 2024-10-01 | FXNC | Wilkinson William Simmons | Dir | A - Grant | — | +19.9K | 19.9K | New | — | |
| I | 2024-10-04 | 2024-10-01 | FXNC | Wilkinson William Simmons | Dir | A - Grant | — | +812 | 812 | New | — |
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, $1.25 par value | 2024-10-01 | A | A | 19,935 | — | 19,935 | D By Circle W Farms LLC | — | — | (F1) Reflects common shares of First National Corporation received in exchange for 24,545 common shares of Touchstone Bankshares at the effective time of the merger of Touchstone Bankshares into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and Touchstone Bankshares. Represents an exchange ratio of 0.8122 First National Corporation common shares per common share of Touchstone Bankshares, with cash paid in lieu of fractional shares. (F3) The closing price per common share of Touchstone Bankshares on the day immediately preceding the effective date of the merger was $14.25 per share, and the closing price per common share of First National Corporation on the effective date of the merger was $17.50 per share. |
| 2 | Common | Common Stock, $1.25 par value | 2024-10-01 | A | A | 812 | — | 812 | I | — | — | (F3) The closing price per common share of Touchstone Bankshares on the day immediately preceding the effective date of the merger was $14.25 per share, and the closing price per common share of First National Corporation on the effective date of the merger was $17.50 per share. (F2) Reflects common shares of First National Corporation received in exchange for 1,000 common shares of Touchstone Bankshares at the effective time of the merger of Touchstone Bankshares into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and Touchstone Bankshares. Represents an exchange ratio of 0.8122 First National Corporation common shares per common share of Touchstone Bankshares, with cash paid in lieu of fractional shares. |