Filing Details

Accession Number:
0001420506-22-001171
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-27 14:21:28
Reporting Period:
2022-06-23
Accepted Time:
2022-06-27 14:21:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
740971 Old Point Financial Corp OPOF National Commercial Banks (6021) 541265373
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1449556 S. Martin Friedman C/O Fj Capital Management Llc
7901 Jones Branch Dr. Suite 210
Mclean VA 22102
No No Yes 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 Disposition 2022-06-23 15,000 $24.80 497,121 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
Footnotes
  1. FJ Capital Management LLC ("FJ Capital") is an investment adviser to a separately managed account ("SMA"). On June 22, 2022, the SMA notified FJ Capital to redeem the SMA. As a result of the SMA's redemption,15,000 shares of the issuer held by the SMA were sold.
  2. Martin S. Friedman (the "Reporting Person") is the managing member of FJ Capital, which is the managing member of Financial Opportunity Fund LLC ("FOF"), Financial Hybrid Opportunity Fund LLC ("FHOF"), and Financial Hybrid Opportunity SPV 1 LLC ("HSPV") (FOF, FHOF and HSPV, collectively, the "Funds") each of which beneficially owns shares of the common stock of the issuer (the "Shares"). FOF holds 308,627 Shares, FHOF holds 76,173 Shares, and HSPV holds 112,321 Shares.
  3. The Reporting Person, in his capacity as Managing Member of FJ Capital, has voting and dispositive power over the Shares held by the Funds and the SMA. Mr. Friedman disclaims beneficial ownership of the Shares reported herein, and this report shall not be deemed an admission of beneficial ownership of such Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.