Douglas Bryan Ernest - 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 $
-$51,851
Form type
4
Date filed
2/24/2023, 10:46 AM
Previous filing
Dec 2, 2022
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 -$51.9K -1.27K -4.01% $40.86 30.4K Feb 22, 2023 Direct F1, F2
transaction UBSI Common Stock Award $0 +3.56K +11.74% $0.00 33.9K Feb 23, 2023 Direct F2, F3
holding UBSI Common Stock 5.82K Feb 22, 2023 By 401k F4
holding UBSI Common Stock 79 Feb 22, 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 2.5K Feb 22, 2023 Common Stock 2.5K $28.89 Direct
holding UBSI Stock Option 7.3K Feb 22, 2023 Common Stock 7.3K $32.51 Direct
holding UBSI Stock Option 3.65K Feb 22, 2023 Common Stock 3.65K $32.51 Direct
holding UBSI Stock Option 5K Feb 22, 2023 Common Stock 5K $35.04 Direct
holding UBSI Stock Option 5K Feb 22, 2023 Common Stock 5K $36.92 Direct
holding UBSI Stock Option 7.68K Feb 22, 2023 Common Stock 7.68K $37.60 Direct
holding UBSI Stock Option 5.46K Feb 22, 2023 Common Stock 5.46K $38.49 Direct
holding UBSI Stock Option 7.68K Feb 22, 2023 Common Stock 7.68K $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.