Richard M. Adams Sr. - 30 Nov 2022 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Chairman of the Board, Director
Signature
Shelli L. Adams
Issuer symbol
UBSI
Transactions as of
30 Nov 2022
Net transactions value
-$1,680,471
Form type
4
Filing time
02 Dec 2022, 10:59:08 UTC
Previous filing
29 Apr 2022
Next filing
31 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBSI Common Stock Options Exercise $872,127 +33,300 +4.2% $26.19 819,201 30 Nov 2022 Direct
transaction UBSI Common Stock Tax liability $1,124,361 -26,215 -3.2% $42.89 792,986 30 Nov 2022 Direct F1
holding UBSI Common Stock - Direct IRA 8,235 30 Nov 2022 Direct F1
holding UBSI Common Stock 67,519 30 Nov 2022 By 401k F2
holding UBSI Common Stock 1,400 30 Nov 2022 By Corporation
holding UBSI Common Stock 20,978 30 Nov 2022 By Immediate Family F1
holding UBSI Common Stock 4,494 30 Nov 2022 By Wife- IRA F1

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 Stock Option Options Exercise $1,428,237 -33,300 -100% $42.89 0 30 Nov 2022 Common Stock 33,300 $26.19 Direct
holding UBSI Stock Option 33,300 30 Nov 2022 Common Stock 33,300 $28.89 Direct
holding UBSI Stock Option 44,083 30 Nov 2022 Common Stock 44,083 $32.51 Direct
holding UBSI Stock Option 22,041 30 Nov 2022 Common Stock 22,041 $32.51 Direct
holding UBSI Stock Option 33,300 30 Nov 2022 Common Stock 33,300 $35.04 Direct
holding UBSI Stock Option 33,300 30 Nov 2022 Common Stock 33,300 $36.92 Direct
holding UBSI Stock Option 49,519 30 Nov 2022 Common Stock 49,519 $37.60 Direct
holding UBSI Stock Option 33,910 30 Nov 2022 Common Stock 33,910 $38.49 Direct
holding UBSI Stock Option 49,519 30 Nov 2022 Common Stock 49,519 $45.30 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Additional stock acquired in the Dividend Reinvestment Plan.
F2 Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.