0001209191-18-000512.txt : 20180103
0001209191-18-000512.hdr.sgml : 20180103
20180103111851
ACCESSION NUMBER: 0001209191-18-000512
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180101
FILED AS OF DATE: 20180103
DATE AS OF CHANGE: 20180103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CUSTIS HENRY P JR
CENTRAL INDEX KEY: 0001181571
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32968
FILM NUMBER: 18503850
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Xenith Bankshares, Inc.
CENTRAL INDEX KEY: 0001143155
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 542053718
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE JAMES CENTER
STREET 2: 901 E. CARY STREET, SUITE 1700
CITY: RICHMOND
STATE: VA
ZIP: 23219
BUSINESS PHONE: (804) 433-2200
MAIL ADDRESS:
STREET 1: ONE JAMES CENTER
STREET 2: 901 E. CARY STREET, SUITE 1700
CITY: RICHMOND
STATE: VA
ZIP: 23219
FORMER COMPANY:
FORMER CONFORMED NAME: HAMPTON ROADS BANKSHARES INC
DATE OF NAME CHANGE: 20010619
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-01-01
1
0001143155
Xenith Bankshares, Inc.
XBKS
0001181571
CUSTIS HENRY P JR
901 E CARY STREET
SUITE 1700
RICHMOND
VA
23219
1
0
0
0
Common Stock
2018-01-01
4
D
0
9920
D
0
D
Common Stock
2018-01-01
4
D
0
200
D
0
I
By Spouse
Pursuant to the Agreement and Plan of Reorganization (the "Merger Agreement") between Xenith Bankshares, Inc. ("Xenith") and Union Bankshares Corporation ("Union"), Xenith was merged with and Union (the "Merger") on January 1, 2018. Pursuant to the Merger Agreement, at the effective time of the Merger, each share of Xenith common stock that was outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.9354 shares of Union common stock (the "Exchange Ratio") and cash in lieu of any fractional shares (together, the "Merger Consideration").
Pursuant to the Merger Agreement, at the effective time of the Merger, these shares of Xenith common stock were converted into the right to receive 9,279 shares of Union common stock having a market value of $33.83 per share.
Pursuant to the Merger Agreement, at the effective time of the Merger, these shares of Xenith common stock were converted into the right to receive 187 shares of Union common stock having a market value of $33.83 per share.
/s/ Thomas W. Osgood, attorney-in-fact
2018-01-03