0001253225-21-000006.txt : 20210706 0001253225-21-000006.hdr.sgml : 20210706 20210706105658 ACCESSION NUMBER: 0001253225-21-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210701 FILED AS OF DATE: 20210706 DATE AS OF CHANGE: 20210706 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Holt George Edwin III CENTRAL INDEX KEY: 0001869517 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38874 FILM NUMBER: 211072888 MAIL ADDRESS: STREET 1: 112 WEST KING STREET CITY: STRASBURG STATE: VA ZIP: 22657 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST NATIONAL CORP /VA/ CENTRAL INDEX KEY: 0000719402 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 541232965 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 112 WEST KING STREET CITY: STRASBURG STATE: VA ZIP: 22657 BUSINESS PHONE: 5404659121 MAIL ADDRESS: STREET 1: 112 WEST KING STREET CITY: STRASBURG STATE: VA ZIP: 22657 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2021-07-01 0 0000719402 FIRST NATIONAL CORP /VA/ FXNC 0001869517 Holt George Edwin III 112 WEST KING STREET STRASBURG VA 22657 1 0 0 0 Common Stock, $1.25 par value 2021-07-01 4 A 0 19963 A 20963 D Common Stock, $1.25 par value 2021-07-01 4 A 0 6596 A 6596 I By Elizabeth Holt (spouse) Common Stock, $1.25 par value 2021-07-01 4 A 0 15870 A 15870 I By Borden's Run, LLC Common Stock, $1.25 par value 2021-07-01 4 A 0 15463 A 15463 I By Power of Attorney for Catharine Peaslee Reflects common shares of First National Corporation received in exchange for 121,075 common shares of The Bank of Fincastle at the effective time of the merger of The Bank of Fincastle into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and The Bank of Fincastle. Represents an exchange ratio of 0.1649 First National Corporation common shares per common share of The Bank of Fincastle, with cash paid in lieu of fractional shares. Reflects common shares of First National Corporation received in exchange for 40,000 common shares of The Bank of Fincastle at the effective time of the merger of The Bank of Fincastle into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and The Bank of Fincastle. Represents an exchange ratio of 0.1649 First National Corporation common shares per common share of The Bank of Fincastle, with cash paid in lieu of fractional shares. Reflects common shares of First National Corporation received in exchange for 96,245 common shares of The Bank of Fincastle at the effective time of the merger of The Bank of Fincastle into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and The Bank of Fincastle. Represents an exchange ratio of 0.1649 First National Corporation common shares per common share of The Bank of Fincastle, with cash paid in lieu of fractional shares. Reflects common shares of First National Corporation received in exchange for 93,775 common shares of The Bank of Fincastle at the effective time of the merger of The Bank of Fincastle into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and The Bank of Fincastle. Represents an exchange ratio of 0.1649 First National Corporation common shares per common share of The Bank of Fincastle, with cash paid in lieu of fractional shares. The closing price per common share of The Bank of Fincastle on the day immediately preceding the effective date of the merger was $3.25 per share, and the closing price per common share of First National Corporation on the effective date of the merger was $20.08 per share. For purposes of filing this Form 4, the number of shares of First National Corporation common stock is estimated based on the reporting person's election under the merger agreement and will be updated if the final number differs materially from this estimate. M Shane Bell, by Power of Attorney 2021-07-06