SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KABBASH CHARLES A

(Last) (First) (Middle)
3608 1/2 GULF BLVD

(Street)
ST PETE BEACH FL 33706

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Primis Financial Corp. [ FRST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/14/2023
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/10/2023(1) P 2,080 A $9.8197 67,410(2) D
Common Stock 08/10/2023(1) P 1,080 A $9.8466 74,718(3) D
Common Stock 19,332 D(4)
Common Stock 332 I Trust for Granddaughter(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Explanation of Responses:
1. The reporting person timely filed a Form 4 to reflect purchases of issuer common stock on August 10, 2023 (the "Original Form 4"). This Form 4/A is being filed solely to reflect changes in the form of the reporting person's ownership reflected in the Original Form 4 due to the death of the reporting person's spouse, as well as to include shares in reporting person's direct holdings resulting from required minimum distributions from the reporting person's IRA, which were reported in the Original Form 4 as indirectly held through the IRA.
2. These shares are held in the Charles A. Kabbash Revocable Trust. Includes an additional 500 shares resulting from a required minimum distribution from the reporting person's IRA, which were reported in the Original Form 4 as indirectly held through the reporting person's IRA.
3. These shares are held directly by the reporting person and includes shares reported in the Original Form 4 as being held jointly with the reporting person's spouse. Also includes an additional 500 shares resulting from a required minimum distribution from the reporting person's IRA, which were reported in the Originial Form 4 as indirectly held through the reporting person's IRA.
4. These shares are held in the reporting person's IRA. Includes 8,387 shares previously held by the reporting person's spouse's IRA and reported in the Original Form 4 as being held by the reporting person indirectly.
5. Held in trust for the benefit of the reporting person's granddaughter.
Remarks:
/s/ Charles A. Kabbash 09/06/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.