Filing Details
- Accession Number:
- 0001140361-14-044307
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-12-05 16:26:38
- Reporting Period:
- 2014-12-03
- Filing Date:
- 2014-12-05
- Accepted Time:
- 2014-12-05 16:26:38
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 921590 | Valley Financial Corp | VYFC | Savings Institution, Federally Chartered (6035) | 541702380 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1332630 | B Kimberly Snyder | 36 Church Avenue Sw Roanoke VA 24011 | Evp | No | 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 | 2014-12-03 | 4,000 | $12.50 | 14,000 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-12-03 | 1,250 | $13.00 | 15,250 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-12-03 | 1,250 | $12.20 | 16,500 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-12-03 | 5,000 | $12.20 | 21,500 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-12-03 | 2,680 | $6.00 | 24,180 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-12-03 | 14,180 | $19.75 | 10,000 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2014-12-03 | 4,000 | $0.00 | 4,000 | $12.50 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2014-12-03 | 1,250 | $0.00 | 1,250 | $13.00 |
| Common Stock | Employee Stock Option (right to buy) (Common Stock) | Disposition | 2014-12-03 | 1,250 | $0.00 | 1,250 | $12.20 |
| Common Stock | Employee Stock Option (right to buy) (Common Stock) | Disposition | 2014-12-03 | 5,000 | $0.00 | 5,000 | $12.20 |
| Common Stock | Employee Stock Option (right to buy) (Common Stock) | Disposition | 2014-12-03 | 2,680 | $0.00 | 2,680 | $6.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2015-07-05 | No | 4 | M | Direct | |
| 0 | 2015-08-10 | No | 4 | M | Direct | |
| 0 | 2017-03-12 | No | 4 | M | Direct | |
| 0 | 2017-03-12 | No | 4 | M | Direct | |
| 1,000 | 2018-12-29 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.70 to $19.80, inclusive. The reporting person undertakes to provide to Valley Financial Corporation, any security holder of Valley Financial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- The option, representing a right to purchase a total of 4,000 shares, became exercisable in five annual installments beginning on July 5, 2006, which was the first anniversary of the date on which the option was granted.
- The option, representing a right to purchase a total of 1,250 shares, became exercisable in five annual installments beginning on August 10, 2006, which was the first anniversary of the date on which the option was granted.
- The option, representing a right to purchase a total of 1,250 shares, became exercisable in five annual installments beginning on August 31, 2007.
- The option, representing a right to purchase a total of 5,000 shares, became exercisable in five annual installments beginning on March 12, 2008, which was the first anniversary of the date on which the option was granted.
- The option, representing a right to purchase a total of 4,000 shares, became exercisable in five annual installments beginning on December 30, 2009, which was the first anniversary of the date on which the option was granted.
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