SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Corbin Patrick E.

(Last) (First) (Middle)
C/O ATLANTIC UNION BANKSHARES CORP
1051 E. CARY STREET, STE 1200

(Street)
RICHMOND VA 23219

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Atlantic Union Bankshares Corp [ AUB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Rule 10b5-1(c) Transaction Indication

  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (1) 04/15/2019 A 309.5 (1) (1) Common Stock 309.5 $34.7334 11,062.442(2) I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 07/12/2019 A 537.09 (1) (1) Common Stock 537.09 $35.5303 11,599.532 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 09/04/2019 A 27 (1) (1) Common Stock 27 $37.037 11,626.532 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 09/12/2019 A 26 (1) (1) Common Stock 26 $38.461 11,652.532 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 10/03/2019 A 428.289 (1) (1) Common Stock 428.289 $36.7741 12,080.821 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 01/06/2020 A 420.224 (1) (1) Common Stock 420.224 $37.57 12,501.045 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 04/03/2020 A 793.051 (1) (1) Common Stock 793.051 $19.86 13,294.096 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 05/22/2020 A 47.103 (1) (1) Common Stock 47.103 $21.23 13,341.199 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 07/07/2020 A 825.753 (1) (1) Common Stock 825.753 $20.89 14,166.952 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 10/05/2020 A 660.101 (1) (1) Common Stock 660.101 $23.86 14,827.053 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 01/06/2021 A 432.93 (1) (1) Common Stock 432.93 $36.38 15,259.983 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 03/03/2021 A 26.302 (1) (1) Common Stock 26.302 $38.02 15,286.285 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 04/06/2021 A 409.943 (1) (1) Common Stock 409.943 $38.42 15,696.228 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 07/06/2021 A 445.797 (1) (1) Common Stock 445.797 $35.33 16,142.025 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 08/25/2021 A 13.305 (1) (1) Common Stock 13.305 $37.58 16,155.33 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 09/17/2021 A 14.641 (1) (1) Common Stock 14.641 $34.15 16,169.971 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 10/01/2021 A 519.317 (1) (1) Common Stock 519.317 $37.79 16,689.288 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 12/27/2021 A 26.281 (1) (1) Common Stock 26.281 $38.05 16,715.569 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 01/11/2022 A 202.197 (1) (1) Common Stock 202.197 $41.42 16,917.766 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 04/06/2022 A 235.385 (1) (1) Common Stock 235.385 $35.58 17,153.151 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 06/16/2022 A 31.636 (1) (1) Common Stock 31.636 $31.61 17,184.787 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 07/06/2022 A 341.64 (1) (1) Common Stock 341.64 $34.27 17,526.427 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 10/04/2022 A 319.231 (1) (1) Common Stock 319.231 $32.5 17,845.658 I By Trustee of Non-Qualified Plan (deferred comp)
Phantom Stock (1) 01/13/2023 A 282.62 (1) (1) Common Stock 282.62 $36.71 19,552.97(3) I By Trustee of Non-Qualified Plan (deferred comp)
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director; provided, that for years in which the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash.
2. Includes 9,637 shares previously reported by the reporting person in Table I as common stock indirectly held by Trustee of Non-Qualified Plan (deferred comp). Such number of shares are phantom stock received under the Company's non-qualified deferred compensation plan that may be settled in cash, were inadvertently reported in Table I instead of Table II, and will no longer be reported by the reporting person as common stock in Table I. Also includes 1,115.942 shares of phantom stock that were acquired pursuant to voluntary deferrals of cash compensation prior to 2019 that had not been previously reported.
3. Includes 1,424.692 additional shares acquired pursuant to dividend reinvestments since 2018 pursuant to the Company's non-qualified deferred compensation plan.
/s/ Rachael R. Lape, Attorney-in-Fact 03/20/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.