Tara Y. Harrison - 06 Sep 2022 Form 4 Insider Report for Virginia National Bankshares Corp (VABK)

Role: Chief Financial Officer & EVP
Signature: Tara Y. Harrison
Issuer symbol: VABK
Transactions as of: 06 Sep 2022
Net transactions value: +$23,750
Form type: 4
Filing time: 06 Sep 2022, 16:20:32 UTC
Previous filing: 04 Oct 2021
Next filing: 02 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VABK	Common Stock	Options Exercise	$23,750	+1,000	+15%	$23.75	7,865	06 Sep 2022	Direct

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	VABK	Stock Option 2020-02 ISO (right to buy)	Options Exercise	$0	-1,000	-10%	$0.000000	9,000	06 Sep 2022	Common Stock	1,000	$23.75	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option, representing a right to purchase a total of 10,000 shares, became exercisable in four equal annual installments beginning on September 23, 2021, which was the first anniversary of the date on which the option was granted.