Blair Wimbush - 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 $
$15,001
Form type
4
Date filed
4/4/2023, 04:33 PM
Previous filing
Jan 4, 2023
Next filing
Jul 3, 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 $15K +428 +7.86% $35.05 5.88K Apr 3, 2023 Common Stock 428 By Trustee of Non-Qualified Plan (deferred comp) F1, F2, F3
* 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 Includes additional shares acquired through dividend reinvestment since the reporting person's last Form 4.
F3 Includes 5,267.78 shares previously reported by the reporting person in Table I as common stock indirectly held by Trustee of Non-Qualified Plan (deferred comp). Such number of shares are phantom stock received under the Company's non-qualified deferred compensation plan that may be settled in cash, were inadvertently reported in Table I instead of Table II, and will no longer be reported by the reporting person as common stock in Table I.