Richard M. Adams Jr. - 25 Feb 2022 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role: President
Signature: Shelli L. Adams
Issuer symbol: UBSI
Transactions as of: 25 Feb 2022
Net transactions value: -$63,279
Form type: 4
Filing time: 01 Mar 2022, 11:00:13 UTC
Previous filing: 25 Feb 2022
Next filing: 02 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UBSI	Common Stock	Tax liability	$38,640	-1,104	-1.2%	$35.00	90,812	25 Feb 2022	Direct	F1
transaction	UBSI	Common Stock	Tax liability	$24,639	-673	-0.74%	$36.61	90,139	26 Feb 2022	Direct	F1
holding	UBSI	Common Stock						12,369	25 Feb 2022	By 401k
holding	UBSI	Common Stock						10,986	25 Feb 2022	Trust for Children

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
holding	UBSI	Phantom Stock						254	25 Feb 2022	Common Stock	254		Direct	F2, F3, F4
holding	UBSI	Stock Option						11,100	25 Feb 2022	Common Stock	11,100	$26.19	Direct
holding	UBSI	Stock Option						11,100	25 Feb 2022	Common Stock	11,100	$28.89	Direct
holding	UBSI	Stock Option						14,761	25 Feb 2022	Common Stock	14,761	$32.51	Direct
holding	UBSI	Stock Option						7,381	25 Feb 2022	Common Stock	7,381	$32.51	Direct
holding	UBSI	Stock Option						11,100	25 Feb 2022	Common Stock	11,100	$35.04	Direct
holding	UBSI	Stock Option						11,100	25 Feb 2022	Common Stock	11,100	$36.92	Direct
holding	UBSI	Stock Option						16,060	25 Feb 2022	Common Stock	16,060	$37.60	Direct
holding	UBSI	Stock Option						11,613	25 Feb 2022	Common Stock	11,613	$38.49	Direct
holding	UBSI	Stock Option						16,060	25 Feb 2022	Common Stock	16,060	$45.30	Direct

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

Explanation of Responses:

Id	Content
F1	Withholding of shares to satisfy tax withholdings in connection with vested restricted stock units.
F2	1 for 1
F3	The reporting person's shares of phantom stock arose through his deferral of compensation under the United Bankshares, Inc., Non-qualified Retirement and Savings Plan (the Plan). Shares of phantom stock are exercisable immediately.
F4	Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.