Ronald L. Tillett - Oct 2, 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
Oct 2, 2023
Transactions value $
$14,994
Form type
4
Date filed
10/4/2023, 04:15 PM
Previous filing
Jul 3, 2023
Next filing
Jan 4, 2024

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 +521 +6.35% $28.78 8.73K Oct 2, 2023 Common Stock 521 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 Based on the market closing price on the last trading day before the transaction date.
F3 Includes 164.221 additional shares acquired through dividend reinvestment since the reporting person's last Form 4.