X0202 4 2006-12-28 0 0000719731 HERITAGE BANKSHARES INC /VA hbks 0001326836 Franklin Wendell C 6201 POWHATAN AVENUE NORFOLK VA 23508 1 0 0 0 Stock Option (right to buy) 18.67 2006-12-28 4 A 0 4000 0 A 2016-07-25 Common Stock 4000 4000 D The option grant was approved by the Board of Directors of the Issuer on July 26, 2006, subject to shareholder approval of the stock option plan under which the option was granted (the "Stock Option Plan"). The Issuer's shareholders approved the Stock Option Plan on December 28, 2006. The options become exercisable at the rate of 20% commencing July 26, 2007 and continuing each subsequent July 26. Wendell C Franklin 2006-12-28