Julie R. Gurtis - Feb 22, 2023 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Executive Vice President
Signature
Shelli L. Adams
Stock symbol
UBSI
Transactions as of
Feb 22, 2023
Transactions value $
-$48,337
Form type
4
Date filed
2/24/2023, 10:18 AM
Previous filing
Feb 7, 2023
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBSI Common Stock Tax liability -$48.3K -1.18K -9.06% $40.86 11.9K Feb 22, 2023 Direct F1
transaction UBSI Common Stock Award $0 +6.35K +53.46% $0.00 18.2K Feb 23, 2023 Direct F2
holding UBSI Common Stock 9.81K Feb 22, 2023 By 401k F3
holding UBSI Common Stock 587 Feb 22, 2023 Family Trust
holding UBSI Common Stock 1.27K Feb 22, 2023 Spouse 401K

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 Stock Option 1.45K Feb 22, 2023 Common Stock 1.45K $32.51 Direct
holding UBSI Stock Option 3.2K Feb 22, 2023 Common Stock 3.2K $35.04 Direct
holding UBSI Stock Option 3.2K Feb 22, 2023 Common Stock 3.2K $36.92 Direct
holding UBSI Stock Option 3.2K Feb 22, 2023 Common Stock 3.2K $37.60 Direct
holding UBSI Stock Option 3.2K Feb 22, 2023 Common Stock 3.2K $38.49 Direct
holding UBSI Stock Option 3.2K Feb 22, 2023 Common Stock 3.2K $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 Shares were acquired pursuant to a grant of restricted stock units. The award vests in three equal annual installments.
F3 Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.