SILVERMAN DAVID SCOTT (President & CEO) exercised options at UNION BANKSHARES INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 8/23/2019ACC: 0000706863-19-000062
DirectorOfficer· President & CEO
Since Jan 2019
+2K
Net shares
Net buyer
$22.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
2K acquired
Non-Derivative Transactions1
Common Stock
Direct
Shares
+1K
Price / share
$22.00
Trade value
$22K
% of position
7.3%
8/21/2019
13.64K→14.64K
Total
Net shares
+1K
Net value
$22K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/21/2019 | M · Option Exercise | +1K | $22.00 | $22K | 7.3% | 13.64K | 14.64K |
| Total | +1K | $22K | ||||||
Derivative Transactions1
Stock Option Right to Buy Common Stock
Direct
Converts to
Common Stock
1K shares
Shares
+1K
Strike price
22.0
Held after
1K
Exercisable
—
8/21/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option Right to Buy Common Stock Direct | Common Stock1K shares | 8/21/2019 | M · Option Exercise | +1K | 22.0 | — | 1K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned1K
Total
1K indirect1K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 1K | Indirect |
| Total | 1K | 1K indirect |
Derivative Holdings (Post-Transaction)1
Stock Option Right to Buy Common Stock
DirectUnderlying security
Common Stock
Underlying shares
3K
Shares owned
3K
Exercise price
24.0
Expiration
—
Exercise window
—
Total
Underlying
3K
Owned
3K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Stock Option Right to Buy Common Stock Direct | Common Stock | 24.0 | — | — | 3K | 3K |
| Total | 3K | 3K | ||||