Judy Carol Gavant - Jul 1, 2021 Form 4 Insider Report for BLUE RIDGE BANKSHARES, INC. (BRBS)

Role
Executive Vice President, Chief Fiinancial Officer
Signature
/s/ Judy Carol Gavant
Stock symbol
BRBS
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/12/2021, 11:21 AM
Next filing
Jul 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRBS Common Stock Award $0 +4K +19.27% $0.00 24.8K Jul 1, 2021 Direct F1, F2
holding BRBS Common Stock 1.11K Jul 1, 2021 By ESOP F2

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
holding BRBS Stock Option (right to buy) 3.75K Jul 1, 2021 Common Stock 3.75K $13.15 Direct F3, F4
holding BRBS Stock Option (right to buy) 3.75K Jul 1, 2021 Common Stock 3.75K $10.80 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of time-based restricted stock subject to a vesting schedule.
F2 On March 17, 2021, Blue Ridge Bankshares, Inc., (the "Company") declared a three-for-two stock split effected in the form of a 50% stock dividend on its common stock outstanding to shareholders of record as of April 20, 2021. As a result, the reporting person received 6,920 shares of the Company's common stock as of April 20, 2021. At the same time, 369 shares were allocated to the reporting person's account under the Company's employee stock ownership plan.
F3 This option was previously reported as an option for 2,500 shares of common stock at an exercise price of $19.72, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F4 As a result of the stock split declared by the Company on March 17, 2021, the reporting person received 1,250 shares of the Company's common stock as of April 20, 2021. At the same time, pursuant to anti-dilution provisions of the Company's equity compensation plans, an option for 3,750 shares of common stock held by the reporting person on April 20, 2021 became exercisable for 3,750 shares of common stock.
F5 This option was previously reported as an option for 2,500 shares of common stock at an exercise price of $16.20, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F6 As a result of the stock split declared by the Company on March 17, 2021, the reporting person received 1,250 shares of the Company's common stock as of April 20, 2021. At the same time, pursuant to anti-dilution provisions of the Company's equity compensation plans, an option for 3,750 shares of common stock held by the reporting person on April 20, 2021 became exercisable for 3,750 shares of common stock.