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).
1. Name and Address of Reporting Person*
SCHWARTZ LAWRENCE W

(Last) (First) (Middle)
11325 RANDOM HILLS RD, STE 240

(Street)
FAIRFAX VA 22030

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FVCBankcorp, Inc. [ FVCB ]
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)
02/14/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/16/2023
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 02/14/2023 M 20,062(1) A $5.7344 29,688(2) D
Common Stock 02/14/2023 S 13,500(1) D $13.55 16,188 D
Common Stock 46,331(3) I IRA
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
Stock Options $5.7344 02/14/2023 M 20,062 03/01/2013 03/01/2023 Common Stock 20,062 $5.7344 0 D
Explanation of Responses:
1. On February 16, 2023, the Reporting Person filed a Form 4 (the "Original Filing") that inadvertently reported a sale on February 14, 2023 of 13,500 shares of common stock beneficially owned indirectly through in his IRA. In fact, as reported in this amendment, the Reporting Person exercised an option on February 14, 2023 to purchase 20,062 shares of common stock to be held directly, and sold 13,500 of such shares on the same date.
2. On January 31, 2023, the Issuer effected a five-for-four stock split in the form of a dividend of common stock (the "Stock Split"), which resulted in the Reporting Person's direct beneficial ownership of issued and outstanding common stock being increased from 7,701 shares of common stock to 9,626 shares of common stock prior to the disclosed transaction. This amendment correctly reports the number of shares of common stock beneficially owned directly, which was incorrectly reported in the Original Filing.
3. As a result of the Stock Split, the Reporting Person's indirect beneficial ownership of common stock increased from 37,065 shares of common stock to 46,331 shares of common stock. This amendment correctly reports the number of shares of common stock beneficially owned indirectly, which was incorrectly reported in the Original Filing.
Jennifer L. Deacon, Power of Attorney 02/24/2023
** 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.