III S. Waite Rawls - Dec 3, 2021 Form 4 Insider Report for Community Bankers Trust Corp (ESXB)

Role
Director
Signature
/s/ John M. Oakey, III by power of attorney
Stock symbol
ESXB
Transactions as of
Dec 3, 2021
Transactions value $
$0
Form type
4
Date filed
12/7/2021, 04:56 PM
Previous filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESXB Common Stock Disposed to Issuer -58.5K -100% 0 Dec 3, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

III S. Waite Rawls is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The transaction reported is the disposition of shares of the Issuer's common stock pursuant to the terms of the Agreement and Plan of Reorganization, dated June 2, 2021, by and between United Bankshares, Inc. ("United") and the Issuer, pursuant to which the Issuer was merged with and into United effective December 3, 2021 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of the Issuer's common stock was converted into 0.3173 shares of United's common stock, with cash paid in lieu of fractional shares. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of the Issuer's common stock.