0001225208-16-038635.txt : 20160901 0001225208-16-038635.hdr.sgml : 20160901 20160901091006 ACCESSION NUMBER: 0001225208-16-038635 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160831 FILED AS OF DATE: 20160901 DATE AS OF CHANGE: 20160901 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Cordia Bancorp Inc CENTRAL INDEX KEY: 0001466292 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 264700031 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11730 HULL STREET ROAD CITY: MIDLOTHIAN STATE: VA ZIP: 23112 BUSINESS PHONE: 804-763-1301 MAIL ADDRESS: STREET 1: 11730 HULL STREET ROAD CITY: MIDLOTHIAN STATE: VA ZIP: 23112 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SEVERSON MARK A CENTRAL INDEX KEY: 0001203886 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35852 FILM NUMBER: 161864652 MAIL ADDRESS: STREET 1: 2554 MOUNTAIN LAKE ROAD CITY: ASHEBORO STATE: NC ZIP: 27205 4 1 doc4.xml X0306 4 2016-08-31 1 0001466292 Cordia Bancorp Inc BVA 0001203886 SEVERSON MARK A 11730 HULL STREET ROAD MIDLOTHIAN VA 32112 1 EVP & CFO Common Stock 2016-08-31 4 D 0 2360.0000 0.0000 D 0.0000 D Common Stock 2016-08-31 4 D 0 6000.0000 0.0000 D 0.0000 I By IRA Common Stock 2016-08-31 4 D 0 10140.0000 0.0000 D 0.0000 I Restricted Stock Stock Option (right to buy) 4.4100 2016-08-31 4 D 0 10000.0000 0.0000 D 2023-09-16 Common Stock 10000.0000 0.0000 D Pursuant to the Agreement and Plan of Merger, dated as of May 19, 2016, by and among Cordia Bancorp Inc., Bank of Virginia, First-Citizens Bank & Trust Company, and FC Merger Subsidiary I, Inc., at the effective time of the merger each share of Cordia Bancorp Inc. common stock was exchanged for $5.15 in cash. Pursuant to the Agreement and Plan of Merger, dated as of May 19, 2016, by and among Cordia Bancorp Inc., Bank of Virginia, First-Citizens Bank & Trust Company, and FC Merger Subsidiary I, Inc., this stock option was cancelled and the reporting person received a cash payment equal to $5.15 per share minus the applicable exercise price of such stock option multiplied by each stock option held. /s/ Aaron M. Kaslow, Power of Attorney 2016-09-01