0001209191-21-025338.txt : 20210405 0001209191-21-025338.hdr.sgml : 20210405 20210405180013 ACCESSION NUMBER: 0001209191-21-025338 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210401 FILED AS OF DATE: 20210405 DATE AS OF CHANGE: 20210405 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Frostick Randolph D CENTRAL INDEX KEY: 0001453101 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40305 FILM NUMBER: 21807075 MAIL ADDRESS: STREET 1: 10 COURTHOUSE SQUARE CITY: WARRENTON STATE: VA ZIP: 20186 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Virginia National Bankshares Corp CENTRAL INDEX KEY: 0001572334 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 000000000 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 404 PEOPLE PLACE CITY: CHARLOTTESVILLE STATE: VA ZIP: 22911 BUSINESS PHONE: 434-817-7676 MAIL ADDRESS: STREET 1: 404 PEOPLE PLACE CITY: CHARLOTTESVILLE STATE: VA ZIP: 22911 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-04-01 0 0001572334 Virginia National Bankshares Corp VABK 0001453101 Frostick Randolph D 10 COURTHOUSE SQUARE WARRENTON VA 20186 1 0 0 0 Common Stock 2021-04-01 4 A 0 6151 A 6151 D Common Stock 2021-04-01 4 A 0 926 0.00 A 7077 D Received in exchange for 9,115 shares of Fauquier Bankshares, Inc. ("Fauquier") common stock in connection with the merger of Fauquier with and into Virginia National Bankshares Corporation ("Virginia National") effective April 1, 2021 (the "Merger"). At the effect time of the Merger at 12:01 a.m. on April 1, 2021 (the "Effective Time"), each outstanding share of common stock of Fauquier converted into the right to receive 0.675 shares of Virginia National common stock. On March 31, 2021, the last trading day before the Effective Time, the closing price of the common stock of Fauquier was $21.28 per share and the closing price of the common stock of Virginia National was $30.35 per share. All fractional share holdings were paid in cash. This option vests in four equal annual installments beginning April 1, 2022. /s/ Donna G. Shewmake, Attorney-in-Fact 2021-04-05