P. CLINTON WINTER - 01 Mar 2022 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role: Director
Signature: Shelli L. Adams
Issuer symbol: UBSI
Transactions as of: 01 Mar 2022
Net transactions value: +$21,529
Form type: 4
Filing time: 02 Mar 2022, 09:28:01 UTC
Previous filing: 24 Feb 2022
Next filing: 14 Mar 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						451,956	01 Mar 2022	Direct
holding	UBSI	Common Stock						36,800	01 Mar 2022	Bray & Oakley Insurance
holding	UBSI	Common Stock						1,000	01 Mar 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	$21,529	+605	+1.7%	$35.58	35,764	01 Mar 2022	Common Stock	605		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.