Home > Insider Trading > Filing (0001225208-14-020300)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1466292	Cordia Bancorp Inc	BVA	State Commercial Banks (6022)	264700031

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1358050	C Jack Zoeller	11730 Hull Street Road Midlothian VA 32112	President & Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-09-18	2,000	$3.87	37,673	No	4	P	Indirect	By IRA 1

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By IRA 1

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	105,665	Direct
Common Stock	39,411	Indirect	By IRA 2
Common Stock	66,000	Indirect	Restricted Stock

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Founders Shares	$0.00			184,000	184,000	Direct
Common Stock	Stock Option (right to buy)	$4.20		2024-06-25	15,000	15,000	Direct
Common Stock	Stock Option (right to buy)	$5.35	2014-03-27	2023-03-27	13,280	13,280	Direct
Common Stock	Stock Option (right to buy)	$6.25	2012-10-26	2021-10-26	13,280	13,280	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	184,000	184,000	Direct
2024-06-25	15,000	15,000	Direct
2023-03-27	13,280	13,280	Direct
2021-10-26	13,280	13,280	Direct

Footnotes

Restricted shares vest in three equal installments on December 31, 2014, 2015 and 2016. In addition, on each vesting date, such vested shares will become subject to a 12-month holding period.
Founders shares are eligible for performance-based vesting based on the achievement of certain asset size thresholds and performance measures. Any shares for which such asset size thresholds have not been met by 10/6/2016 will be forfeited. The reporting person may not exercise any voting rights or other rights of a shareholder unless the asset size and performance measures have been satisfied.
Stock options vest in three equal installments on December 31, 2014, 2015 and 2016 provided that certain asset size thresholds and performance measures are achieved on each vesting date. Any shares for which such asset size and applicable performance measures have not been met by the applicable date will be forfeited.
Stock options vest in four equal annual installments beginning on March 27, 2014, the first anniversary of the date of the grant.
Stock options vest in four equal annual installments beginning on October 26, 2012, the first anniversary of the date of the grant.