Sec Form 4 Filing - IRVIN STEVEN D @ UNION FIRST MARKET BANKSHARES CORP - 2014-01-01

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person IRVIN STEVEN D 2. Issuer Name and Ticker or Trading Symbol UNION FIRST MARKET BANKSHARES CORP [ ubsh] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 500 PETER JEFFERSON PKWY, SUITE 250 3. Date of Earliest Transaction (MM/DD/YY) 01/01/2014 (Street) CHARLOTTESVILLE, VA22911 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/01/2014 A 21,437 A 21,437 ( 2 ) ( 3 ) D Common Stock 01/01/2014 A 2,906 A 2,906 ( 4 ) I By spouse IRA Common Stock 01/01/2014 A 405 A 405 ( 5 ) I Custodian for children

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares NQSO $ 16.59 01/01/2014 A 1,852 05/12/2008 05/12/2014 Common Stock 1,852 ( 6 ) 1,852 D NQSO $ 16.23 01/01/2014 A 1,346 05/11/2009 05/11/2015 Common Stock 1,346 ( 6 ) 3,198 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other IRVIN STEVEN D 500 PETER JEFFERSON PKWY SUITE 250 CHARLOTTESVILLE, VA22911 X Signatures Douglas D. Callaway as attorney-in-fact for Steven D. Irvin 01/03/2014 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Received in exchange for shares of StellarOne Corporation ("StellarOne")common stock in connection with the merger of StellarOne with and intoissuer effective January 1, 2014 ("Merger"). At the effective time of theMerger, each outstanding share of StellarOne converted into theright to receive 0.9739 shares of common stock of the issuer. The Mergerbecame effective at 12:02 a.m. January 1, 2014 at which time the salesprice of the issuer's common stock was 24.81 per share (the closing priceon December 31, 2013). Any fractional share holdings were paid in cash. ( 2 )Received in exchange for 21,920 shares of StellarOne common stock in connection with the Merger. ( 3 )Includes 1,139 shares received as a result of the vesting of restricted stock awards in connection with the Merger. ( 4 )Received in exchange for 2,984 shares of StellarOne common stock in connection with the Merger. ( 5 )Received in exchange for 416 shares of StellarOne common stock in connection with the Merger. ( 6 )The derivative securities are options to acquire the issuer's common stock received as a result of the vesting and conversion of StellarOne stock options in connection with the Merger. The number of shares of issuer's common stock subject to each option was calculated based upon the number of shares of StellarOne common stock subject to the StellarOne option as adjusted by the conversion factor of 0.9739. The exercise price per share of each option was calculated based upon the exercise price of the StellarOne option as adjusted by the conversion factor of 0.9739.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.