Gerald F. Smith JR - 22 Mar 2022 Form 4 Insider Report for FIRST NATIONAL CORP /VA/ (FXNC)

Role
Director
Signature
Justin M. Hockman, by Power of Attorney
Issuer symbol
FXNC
Transactions as of
22 Mar 2022
Transactions value $
$0
Form type
4
Filing time
24 Mar 2022, 12:59:05
Previous filing
08 Feb 2022
Next filing
14 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FXNC Common Stock, $1.25 par value Gift $0 +245K $0.00 245K 22 Mar 2022 By G.F. Smith Jr. GST Trust F1, F2
holding FXNC Common Stock, $1.25 par value 38.7K 22 Mar 2022 Direct
holding FXNC Common Stock, $1.25 par value 107K 22 Mar 2022 By G.F. Smith Jr. Revocable Trust F2
holding FXNC Common Stock, $1.25 par value 48.5K 22 Mar 2022 By Elise D. Smith (Daughter) F3
holding FXNC Common Stock, $1.25 par value 900 22 Mar 2022 By Kaye DeHaven Smith Irrevocable Trust FBO Elise D. Smith (Daughter) F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock were previously held in a separate trust that was decanted, and thereafter the shares were transferred to The Gerald F. Smith, Jr. GST Trust.
F2 The reporting person serves as a co-trustee of this trust.
F3 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.