Patrick E. Corbin - Apr 3, 2023 Form 4 Insider Report for Atlantic Union Bankshares Corp (AUB)

Role: Director
Signature: /s/ Rachael R. Lape, Attorney-in-Fact
Stock symbol: AUB
Transactions as of: Apr 3, 2023
Transactions value $: $26,252
Form type: 4
Date filed: 4/4/2023, 04:32 PM
Previous filing: Jan 4, 2023
Next filing: Apr 11, 2023

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	AUB	Phantom Stock	Award	$26.3K	+749	+3.83%	$35.05	20.3K	Apr 3, 2023	Common Stock	749		By Trustee of Non-Qualified Plan (deferred comp)	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director; provided, that if the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash.
F2	Direct issue from Issuer.

Content

Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director; provided, that if the reporting person elected to receive distributions under the Company's non-qualified deferred compensation plan in installments, such amounts are payable only in cash.

Direct issue from Issuer.