0001140361-17-014543.txt : 20170404
0001140361-17-014543.hdr.sgml : 20170404
20170404132946
ACCESSION NUMBER: 0001140361-17-014543
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170401
FILED AS OF DATE: 20170404
DATE AS OF CHANGE: 20170404
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MIDDLEBURG FINANCIAL CORP
CENTRAL INDEX KEY: 0000914138
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 541696103
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 111 W WASHINGTON ST
STREET 2: C/O MIDDLEBURG BANK
CITY: MIDDLEBURG
STATE: VA
ZIP: 22117
BUSINESS PHONE: 5406876377
MAIL ADDRESS:
STREET 1: 111 WEST WASHINGTON STREET
STREET 2: C/O MIDDLEBURG BANK
CITY: MIDDLEBURG
STATE: VA
ZIP: 22117
FORMER COMPANY:
FORMER CONFORMED NAME: INDEPENDENT COMMUNITY BANKSHARES INC
DATE OF NAME CHANGE: 19931027
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mehra Rajesh
CENTRAL INDEX KEY: 0001474080
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24159
FILM NUMBER: 17737209
MAIL ADDRESS:
STREET 1: 111 WEST WASHINGTON STREET
CITY: MIDDLEBURG
STATE: VA
ZIP: 20117
4
1
doc1.xml
FORM 4
X0306
4
2017-04-01
1
0000914138
MIDDLEBURG FINANCIAL CORP
MBRG
0001474080
Mehra Rajesh
111 WEST WASHINGTON STREET
MIDDLEBURG
VA
20117
0
1
0
0
EVP & Chief Financial Officer
Common Stock
2017-04-01
4
F
0
4331
40.04
D
16811
D
Common Stock
2017-04-01
4
D
0
16811
D
0
D
Employee Stock Option
14.00
2017-04-01
4
D
0
5000
26.04
D
2019-11-01
Common Stock
5000
0
D
Effective April 1, 2017, pursuant to an Agreement and Plan of Reorganization, dated as of October 21, 2016 (the "Merger Agreement"), by and among Middleburg Financial Corporation ("Middleburg") and Access National Corporation ("Access"), Middleburg merged with and into Access, with Access as the surviving company (the "Merger"). In the Merger, each share of Middleburg's common stock converted into 1.3314 shares of Access's common stock.
This option, which vested 25% on November 2, 2010, 25% on November 2, 2011 and the remaining 50% on November 2, 2012, was cancelled in the merger in exchange for a cash payment of $130,200, representing the difference between the closing price of Middleburg common stock on March 31, 2017 of $40.04 and the exercise price of the option.
Peggy P. Cook, Power of Attorney
2017-04-04