0001209191-19-007507.txt : 20190205
0001209191-19-007507.hdr.sgml : 20190205
20190205184123
ACCESSION NUMBER: 0001209191-19-007507
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190201
FILED AS OF DATE: 20190205
DATE AS OF CHANGE: 20190205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Taylor Margaret M
CENTRAL INDEX KEY: 0001553485
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-49929
FILM NUMBER: 19569345
MAIL ADDRESS:
STREET 1: C/O ACCESS NATIONAL CORPORATION
STREET 2: 1800 ROBERT FULTON DRIVE, SUITE 300
CITY: RESTON
STATE: VA
ZIP: 20191
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACCESS NATIONAL CORP
CENTRAL INDEX KEY: 0001176316
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 820545425
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1800 ROBERT FULTON DR, SUITE 300
CITY: RESTON
STATE: VA
ZIP: 20191
BUSINESS PHONE: 7038712100
MAIL ADDRESS:
STREET 1: 1800 ROBERT FULTON DR, SUITE 300
CITY: RESTON
STATE: VA
ZIP: 20191
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-02-01
1
0001176316
ACCESS NATIONAL CORP
ANCX
0001553485
Taylor Margaret M
C/O ACCESS NATIONAL CORPORATION
1800 ROBERT FULTON DRIVE, SUITE 300
RESTON
VA
20191
0
1
0
0
Executive VP, CFO
common stock
2019-02-01
4
D
0
14675.31
D
0
D
options to purchase
17.96
2019-02-01
4
D
0
5000
D
2020-01-21
common stock
5000
0
D
options to purchase
18.32
2019-02-01
4
D
0
5000
D
2021-01-21
common stock
5000
0
D
options to purchase
27.82
2019-02-01
4
D
0
5000
D
2022-02-23
common stock
5000
0
D
options to purchase
23.87
2019-02-01
4
D
0
7500
D
2024-01-24
common stock
7500
0
D
Disposed of pursuant to the Agreement and Plan of Reorganization between Union Bankshares Corporation ("Union") and issuer, dated October 4, 2018, as amended on December 7, 2018 (the "Merger Agreement"), pursuant to which the issuer was merged with and into Union effective February 1, 2019 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of common stock of the issuer was converted into 0.75 shares of Union common stock, with cash paid in lieu of fractional shares. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of common stock of the issuer.
Pursuant to the Merger Agreement, each option to purchase shares of issuer's common stock that was outstanding and unexercised immediately prior to the effective time of the Merger automatically converted into a stock option to purchase shares of Union common stock, with the number of underlying shares and the exercise price determined as set forth in the Merger Agreement. Except as otherwise set forth in this Form 4, each such stock option was already fully vested and exercisable or became fully vested and exercisable in connection with the Merger.
This option was converted into an option to purchase 3,750 shares of Union common stock for $23.95 per share.
This option was converted into an option to purchase 3,750 shares of Union common stock for $24.43 per share.
This option was converted into an option to purchase 3,750 shares of Union common stock for $37.10 per share.
This option was converted into an option to purchase 5,625 shares of Union common stock for $31.83 per share, and vests in four equal installments as follows: 25% on 01/24/2020; 25% on 01/24/2021; 25% on 01/24/2022; and 25% on 01/24/2023.
Sheila M. Linton, as attorney-in-fact for Margaret M. Taylor
2019-02-05