William Simmons Wilkinson - Oct 1, 2024 Form 4/A - Amendment Insider Report for FIRST NATIONAL CORP /VA/ (FXNC)

Role
Director
Signature
/s/ Christopher Suggs, by Power of Attorney
Stock symbol
FXNC
Transactions as of
Oct 1, 2024
Transactions value $
$0
Form type
4/A - Amendment
Date filed
12/9/2024, 12:22 PM
Date Of Original Report
Oct 4, 2024
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FXNC Common Stock, $1.25 par value Award +20K 20K Oct 1, 2024 Direct F1, F3
transaction FXNC Common Stock, $1.25 par value Award +759 759 Oct 1, 2024 By Circle W Farms LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects common shares of First National Corporation received in exchange for 24,611 common shares of Touchstone Bankshares at the effective time of the merger of Touchstone Bankshares into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and Touchstone Bankshares. Represents an exchange ratio of 0.8122 First National Corporation common shares per common share of Touchstone Bankshares, with cash paid in lieu of fractional shares.
F2 Reflects common shares of First National Corporation received in exchange for 935 common shares of Touchstone Bankshares at the effective time of the merger of Touchstone Bankshares into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and Touchstone Bankshares. Represents an exchange ratio of 0.8122 First National Corporation common shares per common share of Touchstone Bankshares, with cash paid in lieu of fractional shares.
F3 The closing price per common share of Touchstone Bankshares on the day immediately preceding the effective date of the merger was $14.25 per share, and the closing price per common share of First National Corporation on the effective date of the merger was $17.50 per share.