Douglas Bryan Ernest - 22 Feb 2023 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Executive Vice-President
Signature
Shelli L. Adams
Issuer symbol
UBSI
Transactions as of
22 Feb 2023
Net transactions value
-$51,851
Form type
4
Filing time
24 Feb 2023, 10:46:26 UTC
Previous filing
02 Dec 2022
Next filing
28 Feb 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 Tax liability $51,851 -1,269 -4% $40.86 30,355 22 Feb 2023 Direct F1, F2
transaction UBSI Common Stock Award $0 +3,563 +12% $0.000000 33,918 23 Feb 2023 Direct F2, F3
holding UBSI Common Stock 5,819 22 Feb 2023 By 401k F4
holding UBSI Common Stock 79 22 Feb 2023 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
holding UBSI Stock Option 2,500 22 Feb 2023 Common Stock 2,500 $28.89 Direct
holding UBSI Stock Option 7,295 22 Feb 2023 Common Stock 7,295 $32.51 Direct
holding UBSI Stock Option 3,647 22 Feb 2023 Common Stock 3,647 $32.51 Direct
holding UBSI Stock Option 5,000 22 Feb 2023 Common Stock 5,000 $35.04 Direct
holding UBSI Stock Option 5,000 22 Feb 2023 Common Stock 5,000 $36.92 Direct
holding UBSI Stock Option 7,676 22 Feb 2023 Common Stock 7,676 $37.60 Direct
holding UBSI Stock Option 5,455 22 Feb 2023 Common Stock 5,455 $38.49 Direct
holding UBSI Stock Option 7,676 22 Feb 2023 Common Stock 7,676 $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 Additional stock acquired in the Dividend Reinvestment Plan.
F3 Shares were acquired pursuant to a grant of restricted stock units. The award vests in three equal annual installments.
F4 Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.