CLARKE C. DWIGHT reported 5 transactions at BAY BANKS OF VIRGINIA INC

Review the transaction codes below to understand the nature of each event.

CLARKE C. DWIGHT

Filed: 1/27/2021ACC: 0001209191-21-005592

InsiderCLARKE C. DWIGHTCIK 1573742

→

IssuerBAY BANKS OF VIRGINIA INCCIK 1034594

Director

Since May 2019

0.00

Net shares

Net seller

$16.1K

Total acquired

Open market trades

0B · 0S

Total transactions

3K acquired · 3K disposed

Non-Derivative Transactions5

Common Stock

Direct

C · Conversion

+500.00

Price / share

$4.55

Trade value

$2.27K

% of position

4.2%

1/27/2021

11.94K→12.44K

Common Stock

Direct

C · Conversion

+1K

Price / share

$5.25

Trade value

$5.25K

% of position

8.0%

1/27/2021

12.44K→13.44K

Common Stock

Direct

C · Conversion

+500.00

Price / share

$5.99

Trade value

$3K

% of position

3.7%

1/27/2021

13.44K→13.94K

Common Stock

Direct

C · Conversion

+500.00

Price / share

$5.37

Trade value

$2.69K

% of position

3.6%

1/27/2021

13.94K→14.44K

Common Stock

Direct

C · Conversion

+500.00

Price / share

$5.76

Trade value

$2.88K

% of position

3.5%

1/27/2021

14.44K→14.94K

Total

Net shares

+3K

Net value

$16.09K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/27/2021	C · Conversion	+500.00	$4.55	$2.27K	4.2%	11.94K	12.44K
Common Stock Direct	1/27/2021	C · Conversion	+1K	$5.25	$5.25K	8.0%	12.44K	13.44K
Common Stock Direct	1/27/2021	C · Conversion	+500.00	$5.99	$3K	3.7%	13.44K	13.94K
Common Stock Direct	1/27/2021	C · Conversion	+500.00	$5.37	$2.69K	3.6%	13.94K	14.44K
Common Stock Direct	1/27/2021	C · Conversion	+500.00	$5.76	$2.88K	3.5%	14.44K	14.94K
Total			+3K		$16.09K

Derivative Transactions5

Stock Option

Direct

C · Conversion

Converts to

Common Stock

500.00 shares

−500.00

Strike price

4.55

Held after

4.58K

Exercisable

—

1/27/2021

Stock Option

Direct

C · Conversion

Converts to

Common Stock

1K shares

−1K

Strike price

5.25

Held after

3.58K

Exercisable

—

1/27/2021

Stock Option

Direct

C · Conversion

Converts to

Common Stock

500.00 shares

−500.00

Strike price

5.99

Held after

3.08K

Exercisable

—

1/27/2021

Stock Option

Direct

C · Conversion

Converts to

Common Stock

500.00 shares

−500.00

Strike price

5.37

Held after

2.58K

Exercisable

—

1/27/2021

Stock Option

Direct

C · Conversion

Converts to

Common Stock

500.00 shares

−500.00

Strike price

5.76

Held after

2.08K

Exercisable

—

1/27/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option Direct	Common Stock500.00 shares	1/27/2021	C · Conversion	−500.00	4.55	—	4.58K
Stock Option Direct	Common Stock1K shares	1/27/2021	C · Conversion	−1K	5.25	—	3.58K
Stock Option Direct	Common Stock500.00 shares	1/27/2021	C · Conversion	−500.00	5.99	—	3.08K
Stock Option Direct	Common Stock500.00 shares	1/27/2021	C · Conversion	−500.00	5.37	—	2.58K
Stock Option Direct	Common Stock500.00 shares	1/27/2021	C · Conversion	−500.00	5.76	—	2.08K