Filing Details

Accession Number:
0001325670-19-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-10-29 10:30:52
Reporting Period:
2019-10-29
Accepted Time:
2019-10-29 10:30:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1325670 Southern National Bancorp Of Virginia Inc SONA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1239905 S Georgia Derrico 2954 Burrland Lane
The Plains VA 20198
Executive Chairman No Yes No No
1249469 Roderick R Porter 2954 Burrland Lane
The Plains VA 20198
Vice Executive Chairman 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 2019-10-29 10,000 $7.04 494,086 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P 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 2019-10-29 10,000 $7.04 10,000 $7.04
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-07-27 2020-07-27 No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 750 Direct
Common Stock 105,375 Indirect By IRA
Common Stock 45,235 Indirect By IRA
Common Stock 7,628 Indirect By 401k Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (Right to Buy) $7.20 2012-03-21 2021-03-21 40,000 40,000 Direct
Common Stock Employee Stock Option (Right to Buy) $7.92 2013-12-05 2022-12-05 40,000 80,000 Direct
Common Stock Employee Stock Option (Right to Buy) $9.14 2014-06-21 2023-06-21 40,000 120,000 Direct
Common Stock Employee Stock Option (Right to Buy) $10.47 2015-07-22 2024-07-22 48,000 168,000 Direct
Common Stock Employee Stock Option (Right to Buy) $11.43 2016-06-19 2025-06-19 48,000 216,000 Direct
Common Stock Employee Stock Option (Right to Buy) $11.99 2017-06-16 2026-06-16 48,000 264,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-03-21 40,000 40,000 Direct
2022-12-05 40,000 80,000 Direct
2023-06-21 40,000 120,000 Direct
2024-07-22 48,000 168,000 Direct
2025-06-19 48,000 216,000 Direct
2026-06-16 48,000 264,000 Direct
Footnotes
  1. Includes restricted stock which vests in 5 annual installments beginning January 24, 2020. Owned as follows: 10,000 by Georgia S. Derrico and 10,000 by R. Roderick Porter.
  2. These shares are owned jointly. Georgia S. Derrico and R. Roderick Porter are married.
  3. These shares are owned by Georgia S. Derrico.
  4. These shares are held in an IRA owned by Georgia S. Derrico.
  5. These shares are held in an IRA owned by R. Roderick Porter.
  6. These shares are held in a 401k plan as follows: 3794.6065 by Georgia S. Derrico and 3835.0412 by R. Roderick Porter.
  7. These shares are owned as follows: 5,000 by Georgia S. Derrico and 5,000 by R. Roderick Porter.
  8. These options are owned as follows: 20,000 by Georgia S. Derrico and 20,000 by R. Roderick Porter.
  9. These options are owned as follows: 24,000 by Georgia S. Derrico and 24,000 by R. Roderick Porter.
  10. These options are exercisable as follows: 9600 on 6/19/16, 9600 on 6/19/17, 9600 on 6/19/18, 9600 on 6/19/19, 9600 on 6/19/20.
  11. These options are exercisable as follows: 9600 on 6/16/17, 9600 on 6/16/18, 9600 on 6/16/19, 9600 on 6/16/20, 9600 on 6/16/21.