Sherry Williams - 12 May 2023 Form 4 Insider Report for Atlantic Union Bankshares Corp (AUB)

Role: EVP & CRO
Signature: /s/ Rachael R. Lape, Attorney-in-Fact
Issuer symbol: AUB
Transactions as of: 12 May 2023
Net transactions value: +$333
Form type: 4
Filing time: 16 May 2023, 11:32:12 UTC
Previous filing: 01 May 2023
Next filing: 02 Nov 2023
SEC: View on sec.gov

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	$333	+14	+19%	$23.60	90	12 May 2023	Common Stock	14		By Trustee of Non-Qualified Plan (deferred comp)	F1

* 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 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.

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 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.