SCOTT C. HARVARD - 14 Feb 2024 Form 4 Insider Report for FIRST NATIONAL CORP /VA/ (FXNC)

Role
President & CEO, Director
Signature
/s/ Christopher Suggs, by Power of Attorney
Issuer symbol
FXNC
Transactions as of
14 Feb 2024
Transactions value $
$0
Form type
4
Filing time
15 Feb 2024, 16:14:46 UTC
Previous filing
13 Feb 2024
Next filing
16 Feb 2024
SEC
View on sec.gov

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 14 Feb 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.