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: 1/23/2020ACC: 0000706863-20-000006
DirectorOfficer· President & CEO
Since Jan 2019
0.00
Net shares
Net seller
$22.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
1K acquired · 1K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+1K
Price / share
$22.00
Trade value
$22K
% of position
7.0%
1/21/2020
14.36K→15.36K
Total
Net shares
+1K
Net value
$22K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/21/2020 | M · Option Exercise | +1K | $22.00 | $22K | 7.0% | 14.36K | 15.36K |
| 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
0.00
Exercisable
—
1/21/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option Right to Buy Common Stock Direct | Common Stock1K shares | 1/21/2020 | M · Option Exercise | −1K | 22.0 | — | 0.00 |
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 | ||||