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

Role
Chairman of the Board, Director
Signature
Shelli L. Adams
Stock symbol
UBSI
Transactions as of
Nov 30, 2022
Transactions value $
-$1,680,471
Form type
4
Date filed
12/2/2022, 10:59 AM
Previous filing
Apr 29, 2022
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBSI Common Stock Options Exercise $872K +33.3K +4.24% $26.19 819K Nov 30, 2022 Direct
transaction UBSI Common Stock Tax liability -$1.12M -26.2K -3.2% $42.89 793K Nov 30, 2022 Direct F1
holding UBSI Common Stock - Direct IRA 8.23K Nov 30, 2022 Direct F1
holding UBSI Common Stock 67.5K Nov 30, 2022 By 401k F2
holding UBSI Common Stock 1.4K Nov 30, 2022 By Corporation
holding UBSI Common Stock 21K Nov 30, 2022 By Immediate Family F1
holding UBSI Common Stock 4.49K Nov 30, 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 -$1.43M -33.3K -100% $42.89 0 Nov 30, 2022 Common Stock 33.3K $26.19 Direct
holding UBSI Stock Option 33.3K Nov 30, 2022 Common Stock 33.3K $28.89 Direct
holding UBSI Stock Option 44.1K Nov 30, 2022 Common Stock 44.1K $32.51 Direct
holding UBSI Stock Option 22K Nov 30, 2022 Common Stock 22K $32.51 Direct
holding UBSI Stock Option 33.3K Nov 30, 2022 Common Stock 33.3K $35.04 Direct
holding UBSI Stock Option 33.3K Nov 30, 2022 Common Stock 33.3K $36.92 Direct
holding UBSI Stock Option 49.5K Nov 30, 2022 Common Stock 49.5K $37.60 Direct
holding UBSI Stock Option 33.9K Nov 30, 2022 Common Stock 33.9K $38.49 Direct
holding UBSI Stock Option 49.5K Nov 30, 2022 Common Stock 49.5K $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.