Report of Proposed Sale of Securities (144)
05 Dezembro 2022 - 12:21PM
Edgar (US Regulatory)
Form 144 Filer Information
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
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Form 144 |
144: Issuer Information
Name of Issuer | FIRST NATIONAL CORP /VA/ |
SEC File Number | 001-38874 |
Address of Issuer | 112 WEST KING STREET STRASBURG
VIRGINIA
22657 |
Phone | 5404659121 |
Name of Person for Whose Account the Securities are To Be Sold | Holt George Edwin III |
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given
as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales
for the account of the person fling this notice.
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Relationship to Issuer | - Director
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144: Securities Information
Securities Information Record: 1 |
Title of the Class of Securities To Be Sold | COMMON STOCK, $1.25 PAR VALUE |
Name and Address of the Broker | TD AMERITRADE CLEARING, INC. 200 S 108TH AVE OMAHA
NEBRASKA
68154 |
Number of Shares or Other Units To Be Sold | 8940 |
Aggregate Market Value | 163602.00 |
Number of Shares or Other Units Outstanding | 6262381 |
Approximate Date of Sale | 12/15/2022 |
Name the Securities Exchange | NASDAQ |
144: Securities To Be Sold
Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment
of all or any part of the purchase price or other consideration therefor:
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Securities To Be Sold Record: 1 |
Title of the Class | COMMON STOCK, $1.25 PAR VALUE |
Date you Acquired | 07/01/2021 |
Nature of Acquisition Transaction | SEE REMARKS BELOW |
Name of Person from Whom Acquired |
Relationship to Issuer
ISSUER |
Is this a Gift? | ☐ |
Amount of Securities Acquired | 57892 |
Date of Payment | 07/01/2021 |
Nature of Payment | EXCHANGE |
If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note
thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made
in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
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144: Securities Sold During The Past 3 Months
Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
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144: Remarks and Signature
Remarks | On July 1, 2021, First National Corporation (the Issuer) and its wholly-owned banking subsidiary, First Bank, completed the merger (the Merger) with The Bank of Fincastle (Fincastle) pursuant to which Fincastle merged with and into First Bank, with First Bank surviving. Holders of Fincastle's common stock, including the reporting person, received shares of the Issuer's common stock in accordance with the Agreement and Plan of Merger, dated as of February 18, 2021, by and between the Issuer, First Bank, and Fincastle. As a result, the reporting person received 57,892 shares of the Issuer's common stock, including the 8,940 shares of the Issuer's common stock to be sold as reported in this Form 144, in exchange for the shares of Fincastle common stock held by the reporting person prior to consummation of the Merger. |
Date of Notice | 12/05/2022 |
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1 |
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ATTENTION: |
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing
this notice that he does not know any material adverse information in regard to the current and prospective
operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has
adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by
signing the form and indicating the date that the plan was adopted or the instruction given, that person makes
such representation as of the plan adoption or instruction date.
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Signature | /s/ George Edwin Holt, III |
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) |
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