P. Clinton Winter - 31 Aug 2021 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role: Director
Signature: By: Jennie S Singer, Lmtd POA, Attorney-in-Fact
Issuer symbol: UBSI
Transactions as of: 31 Aug 2021
Net transactions value: +$16,488
Form type: 4
Filing time: 01 Sep 2021, 11:35:51 UTC
Previous filing: 06 Aug 2021
Next filing: 04 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UBSI	Common Stock						450,439	31 Aug 2021	Direct
holding	UBSI	Common Stock						36,800	31 Aug 2021	Bray & Oakley Insurance
holding	UBSI	Common Stock						1,000	31 Aug 2021	By Spouse

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	UBSI	Phantom Stock	Purchase	$16,488	+455	+1.4%	$36.24	33,563	31 Aug 2021	Common Stock	455		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	1 for 1
F2	Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.