G. William Beale - 03 Apr 2024 Form 4 Insider Report for BLUE RIDGE BANKSHARES, INC. (BRBS)

Signature
Amanda G. Story, Attorney-in-fact
Issuer symbol
BRBS
Transactions as of
03 Apr 2024
Net transactions value
+$1,000,000
Form type
4
Filing time
05 Apr 2024, 16:40:29 UTC
Previous filing
08 Mar 2024
Next filing
02 Jul 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BRBS Series B Preferred Stock Purchase $1,000,000 +100 $10000.00* 100 03 Apr 2024 Common Stock 400,000 $2.50 G. William Beale Revocable Living Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, becomes convertible into shares of common stock upon a Mandatory Conversion or Partial Conversion (as such terms are defined in the Articles of Amendment to the Company's Articles of Incorporation creating and authorizing the shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B).
F2 The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, is perpetual and therefore has no expiration date.