Trevor Montano - 28 Jun 2024 Form 4 Insider Report for BLUE RIDGE BANKSHARES, INC. (BRBS)

Role
Director
Signature
Trevor Montano
Issuer symbol
BRBS
Transactions as of
28 Jun 2024
Net transactions value
$0
Form type
4
Filing time
02 Jul 2024, 20:46:58 UTC
Previous filing
02 Jul 2024
Next filing
23 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRBS Common Stock Conversion of derivative security +227,369 +1592% 241,654 28 Jun 2024 Direct F1
transaction BRBS Common Stock Conversion of derivative security +244,631 +1592% 260,000 28 Jun 2024 By managed account F1, F2

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 Conversion of derivative security $0 -57 -100% $0.000000* 0 28 Jun 2024 Common Stock 227,369 Direct F1, F3
transaction BRBS Series B Preferred Stock Conversion of derivative security $0 -61 -100% $0.000000* 0 28 Jun 2024 Common Stock 244,631 By managed account F1, F2, F3
transaction BRBS Warrant (right to buy) Conversion of derivative security -30 -100% 0 28 Jun 2024 Series B Preferred Stock 30 Direct F4, F5
transaction BRBS Warrant (right to buy) Conversion of derivative security -33 -100% 0 28 Jun 2024 Series B Preferred Stock 33 By managed account F2, F4, F5
transaction BRBS Warrant (right to buy) Conversion of derivative security +121,392 121,392 28 Jun 2024 Common Stock 121,392 Direct F4, F5
transaction BRBS Warrant (right to buy) Conversion of derivative security +130,607 130,607 28 Jun 2024 Common Stock 130,607 By managed account F2, F4, F5
* 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, converted into shares of common stock on a 1-for-4,000 basis.
F2 The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest in the securities.
F3 The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, is perpetual and therefore has no expiration date.
F4 The shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, underlying the warrant converted into shares of common stock on a 1-for-4,000 basis.
F5 The Series B Warrant was exercisable to purchase shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, at a price of $10,000 per share, subject to certain adjustments. Upon the Mandatory Conversion, the Series B Warrant became exercisable to purchase shares of Common Stock (reflecting a conversion on a 1-for-4,000 basis) at a price of $2.50 per share, subject to certain adjustments.