P. Clinton Winter - 05 Jan 2022 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: 05 Jan 2022
Net transactions value: +$12,356
Form type: 4
Filing time: 06 Jan 2022, 08:14:42 UTC
Previous filing: 22 Nov 2021
Next filing: 03 Feb 2022
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	05 Jan 2022	Direct
holding	UBSI	Common Stock						36,800	05 Jan 2022	Bray & Oakley Insurance
holding	UBSI	Common Stock						1,000	05 Jan 2022	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	$12,356	+326	+0.94%	$37.90	35,084	05 Jan 2022	Common Stock	326		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.