Ronald L. Tillett - Jan 5, 2023 Form 4/A - Amendment Insider Report for Atlantic Union Bankshares Corp (AUB)

Role
Director
Signature
/s/ Rachael R. Lape, Attorney-in-Fact
Stock symbol
AUB
Transactions as of
Jan 5, 2023
Transactions value $
$15,001
Form type
4/A - Amendment
Date filed
4/4/2023, 07:31 PM
Date Of Original Report
Apr 4, 2023
Previous filing
Jan 4, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUB Common Stock Options Exercise +1.36K +4.77% 29.8K Jan 5, 2023 Direct F1, F2, F3

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 Options Exercise -1.36K -16.74% 6.75K Jan 5, 2023 Common Stock 1.36K By Trustee of Non-Qualified Plan (deferred comp) F2, F4
transaction AUB Phantom Stock Award $15K +428 +6.08% $35.05 7.46K Apr 3, 2023 Common Stock 428 By Trustee of Non-Qualified Plan (deferred comp) F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 4, 2023, the reporting person filed a Form 4 which inadvertently omitted a transaction related to the settlement of certain shares of the reporting person's phantom stock. Such transaction has been reported in this amendment.
F2 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 time elected by the reporting person in the reporting person's deferred compensation election form; 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. On January 5, 2023, 1,357.111 shares of the reporting person's phantom stock settled for an equal number of shares of the Company's common stock.
F3 Includes additional shares acquired through dividend reinvestment since the reporting person's last Form 4.
F4 Includes 8,106.836 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.