Richard A. Farmar III - Jul 1, 2021 Form 4 Insider Report for BLUE RIDGE BANKSHARES, INC. (BRBS)

Role
Director
Signature
/s/ Richard A. Farmer III
Stock symbol
BRBS
Transactions as of
Jul 1, 2021
Transactions value $
$23,901
Form type
4
Date filed
11/2/2021, 03:02 PM
Next filing
Jul 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRBS Common Stock Award $23.9K +1.33K +3.33% $17.93 41.4K Jul 1, 2021 Direct F1, F2, F3

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 $7.00 Direct F4, F5
holding BRBS Stock Option (right to buy) 750 Jul 1, 2021 Common Stock 750 $7.99 Direct F6, F7
holding BRBS Stock Option (right to buy) 750 Jul 1, 2021 Common Stock 750 $7.16 Direct F8, F9
holding BRBS Stock Option (right to buy) 750 Jul 1, 2021 Common Stock 750 $7.68 Direct F10, F11
holding BRBS Stock Option (right to buy) 750 Jul 1, 2021 Common Stock 750 $11.07 Direct F12, F13
holding BRBS Stock Option (right to buy) 1.18K Jul 1, 2021 Common Stock 1.18K $13.80 Direct F14, F15
holding BRBS Stock Option (right to buy) 750 Jul 1, 2021 Common Stock 750 $10.77 Direct F16, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock received in lieu of cash compensation
F2 Restricted stock subject to a vesting schedule.
F3 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 13,361 shares of the Company's common stock as of April 20, 2021.
F4 This option was previously reported as an option for 2,500 shares of common stock at an exercise price of $10.50, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F5 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 375 shares of common stock.
F6 This option was previously reported as an option for 500 shares of common stock at an exercise price of $11.98, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F7 As a result of the stock split declared by the Company on March 17, 2021, the reporting person received 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 750 shares of common stock held by the reporting person on April 20, 2021 became exercisable for 750 shares of common stock.
F8 This option was previously reported as an option for 500 shares of common stock at an exercise price of $10.74, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F9 As a result of the stock split declared by the Company on March 17, 2021, the reporting person received 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 750 shares of common stock held by the reporting person on April 20, 2021 became exercisable for 750 shares of common stock.
F10 This option was previously reported as an option for 500 shares of common stock at an exercise price of $11.52, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F11 As a result of the stock split declared by the Company on March 17, 2021, the reporting person received 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 750 shares of common stock held by the reporting person on April 20, 2021 became exercisable for 750 shares of common stock.
F12 This option was previously reported as an option for 500 shares of common stock at an exercise price of $16.60, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F13 As a result of the stock split declared by the Company on March 17, 2021, the reporting person received 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 750 shares of common stock held by the reporting person on April 20, 2021 became exercisable for 750 shares of common stock.
F14 This option was previously reported as an option for 789 shares of common stock at an exercise price of $20.70, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F15 As a result of the stock split declared by the Company on March 17, 2021, the reporting person received 394 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 1,183 shares of common stock held by the reporting person on April 20, 2021 became exercisable for 1,183 shares of common stock.
F16 This option was previously reported as an option for 500 shares of common stock at an exercise price of $16.16, but was adjusted to reflect the stock split declared by the Company on March 17, 2021.
F17 As a result of the stock split declared by the Company on March 17, 2021, the reporting person received 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 750 shares of common stock held by the reporting person on April 20, 2021 became exercisable for 750 shares of common stock.