Mensel D. Dean - Apr 3, 2024 Form 4 Insider Report for BLUE RIDGE BANKSHARES, INC. (BRBS)

Role
Director
Signature
Amanda G. Story, Attorney-in-Fact
Stock symbol
BRBS
Transactions as of
Apr 3, 2024
Transactions value $
$250,000
Form type
4
Date filed
4/5/2024, 04:38 PM
Previous filing
Jul 6, 2023
Next filing
Jul 2, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BRBS Series B Preferred Stock Purchase $250K +25 $10,000.00* 25 Apr 3, 2024 Common Stock 100K $2.50 Mensel D. Dean, Jr. Revocable Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, becomes convertible into shares of common stock upon a Mandatory Conversion or Partial Conversion (as such terms are defined in the Articles of Amendment to the Company's Articles of Incorporation creating and authorizing the shares of Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B).
F2 The Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, is perpetual and therefore has no expiration date.