0000883948-19-000032.txt : 20190205
0000883948-19-000032.hdr.sgml : 20190205
20190205165251
ACCESSION NUMBER: 0000883948-19-000032
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: Clarke Michael W
CENTRAL INDEX KEY: 0001292911
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20293
FILM NUMBER: 19568614
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: Union Bankshares Corp
CENTRAL INDEX KEY: 0000883948
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 540412820
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1051 EAST CARY STREET
STREET 2: SUITE 1200
CITY: RICHMOND
STATE: VA
ZIP: 23219
BUSINESS PHONE: 800-990-4828
MAIL ADDRESS:
STREET 1: 1051 EAST CARY STREET
STREET 2: SUITE 1200
CITY: RICHMOND
STATE: VA
ZIP: 23219
FORMER COMPANY:
FORMER CONFORMED NAME: UNION FIRST MARKET BANKSHARES CORP
DATE OF NAME CHANGE: 20140424
FORMER COMPANY:
FORMER CONFORMED NAME: Union Bankshares Corp
DATE OF NAME CHANGE: 20140424
FORMER COMPANY:
FORMER CONFORMED NAME: UNION FIRST MARKET BANKSHARES CORP
DATE OF NAME CHANGE: 20100201
4
1
wf-form4_154940355603963.xml
FORM 4
X0306
4
2019-02-01
0
0000883948
Union Bankshares Corp
UBSH
0001292911
Clarke Michael W
C/O UNION BANKSHARES CORPORATION
1051 EAST CARY STREET
RICHMOND
VA
23219
1
0
0
0
Common Stock
2019-02-01
4
A
0
548909
0
A
548909
D
Common Stock
2019-02-01
4
A
0
69168
0
A
69168
I
By spouse
Common Stock
2019-02-01
4
A
0
59869
0
A
59869
I
By spouse as Co-Trustee of spouse's parents
Stock Option Right to Buy Common Stock
24.43
2019-02-01
4
A
0
1875
A
2019-02-01
2021-01-21
Common Stock
1875.0
1875
D
Stock Option Right to Buy Common Stock
37.1
2019-02-01
4
A
0
7500
A
2019-02-01
2022-02-23
Common Stock
7500.0
7500
D
Stock Option Right to Buy Common Stock
31.83
2019-02-01
4
A
0
11250
A
2019-02-01
2024-01-24
Common Stock
11250.0
11250
D
Received in exchange for 731,879 shares of Access National Corporation ("Access") common stock in connection with the merger of Access with and into Union Bankshares Corporation ("Union") effective February 1, 2019 (the "Merger"). At the effective time of the Merger at 12:01 a.m. on February 1, 2019 (the "Effective Time"), each outstanding share of Access common stock converted into the right to receive 0.75 shares of Union common stock. On January 31, 2019, the last trading day before the Effective Time, the closing price of Access's common stock was $23.61 per share and the closing price of Union's common stock was $31.56 per share. All fractional share holdings were paid in cash.
Received in exchange for 92,224 shares of Access common stock in connection with the Merger. At the Effective Time, each outstanding share of Access common stock converted into the right to receive 0.75 shares of Union common stock. On January 31, 2019, the last trading day before the Effective Time, the closing price of Access's common stock was $23.61 per share and the closing price of Union's common stock was $31.56 per share. All fractional share holdings were paid in cash.
Received in exchange for 79,826 shares of Access common stock in connection with the Merger. At the Effective Time, each outstanding share of Access common stock converted into the right to receive 0.75 shares of Union common stock. On January 31, 2019, the last trading day before the Effective Time, the closing price of Access's common stock was $23.61 per share and the closing price of Union's common stock was $31.56 per share. All fractional share holdings were paid in cash.
Received in the Merger in exchange for a stock option to acquire 2,500 shares of Access common stock for $18.32 per share.
Received in the Merger in exchange for a stock option to acquire 10,000 shares of Access common stock for $27.82 per share.
Received in the Merger in exchange for a stock option to acquire 15,000 shares of Access common stock for $23.87 per share.
/s/ Rachael R. Lape, as attorney-in-fact for Michael W. Clarke
2019-02-05