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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SNEAD THOMAS G JR C/O UNION BANKSHARES CORPORATION 1051 EAST CARY STREET, SUITE 1200 RICHMOND, VA 23219 |
X |
/s/ Rachael R. Lape, as attorney-in-fact for Thomas G. Snead Jr. | 01/03/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Received in exchange for 39,900 shares of Xenith Bankshares, Inc. ("Xenith") common stock in connection with the merger of Xenith with and into Union Bankshares Corporation ("Union") effective January 1, 2018 (the "Merger"). At the effective time of the Merger at 12:01 a.m. on January 1, 2018 (the "Effective Time"), each outstanding common share of Xenith converted into the right to receive 0.9354 shares of Union common stock. On December 29, 2017, the last trading day before the Effective Time, the closing price of Xenith's common stock was $33.83 per share and the closing price of Union's common stock was $36.17 per share. All fractional share holdings were paid in cash. |