Statement of Changes in Beneficial Ownership (4)
September 02 2021 - 7:42PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Colantoni Jr John |
2. Issuer Name and Ticker or Trading Symbol
Primis Financial Corp.
[
FRST
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP, Chief Risk Officer |
(Last)
(First)
(Middle)
15119 ELK RUN ROAD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
9/1/2021 |
(Street)
CHANTILLY, VA 20151
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 9/1/2021 | | A | | 1500 (1) | A | $0.00 | 2500 (2) | D | |
Common Stock | | | | | | | | 6000 (3) | D | |
Common Stock | | | | | | | | 480 (4) | D | |
Common Stock | | | | | | | | 11793 (5) | I | By 401K Plan |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Performance-based Restricted Stock Units | (6) | 9/1/2021 | | A | | 1500 | | 3/15/2026 | 3/15/2026 | Common Stock | 1500 | $0.00 | 1500 | D | |
Employee Stock Option (Right to Buy) | $9.38 | | | | | | | 6/14/2014 | 6/17/2023 | Common Stock | 3000 | | 3000 | D | |
Employee Stock Option (Right to Buy) | $10.47 | | | | | | | 7/22/2015 | 7/22/2024 | Common Stock | 1500 | | 4500 | D | |
Employee Stock Option (Right to Buy) | $11.43 | | | | | | | 6/19/2016 | 6/19/2025 | Common Stock | 2000 | | 6500 | D | |
Employee Stock Option (Right to Buy) | $11.99 | | | | | | | 6/17/2017 | 6/17/2026 | Common Stock | 2000 | | 8500 | D | |
Explanation of Responses: |
(1) | Issued restricted stock which vest in five annual installments beginning March 1, 2022 |
(2) | Includes shares of restricted stock. |
(3) | Shares held in an IRA for Mr. Colantoni's benefit. |
(4) | Reflects shares held jointly with Son. |
(5) | Reflects total shares held in 401K Plan. |
(6) | Market value at date of vesting |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Colantoni Jr John 15119 ELK RUN ROAD CHANTILLY, VA 20151 |
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| EVP, Chief Risk Officer |
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Signatures
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John Colantoni Jr. | | 9/2/2021 |
**Signature of Reporting Person | Date |
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