Scott C. Harvard - Feb 14, 2024 Form 4 Insider Report for FIRST NATIONAL CORP /VA/ (FXNC)

Role
President & CEO, Director
Signature
/s/ Christopher Suggs, by Power of Attorney
Stock symbol
FXNC
Transactions as of
Feb 14, 2024
Transactions value $
$0
Form type
4
Date filed
2/15/2024, 04:14 PM
Previous filing
Feb 13, 2024
Next filing
Feb 16, 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 FXNC Restricted Stock Units Award $0 +4.63K +289.92% $0.00 6.23K Feb 14, 2024 Common Stock 4.63K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of FXNC common stock.
F2 The restricted stock units vest in three equal annual installments with 1,545 units vesting on February 15, 2024, 1,544 units vesting on February 15, 2025, and 1,544 units vesting on February 15, 2026.