Darren K. Williams - 22 Feb 2023 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Signature
Shelli L. Adams
Issuer symbol
UBSI
Transactions as of
22 Feb 2023
Net transactions value
-$58,757
Form type
4
Filing time
24 Feb 2023, 11:13:38 UTC
Previous filing
02 Dec 2022
Next filing
28 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBSI Common Stock Tax liability $58,757 -1,438 -5.3% $40.86 25,483 22 Feb 2023 Direct F1
transaction UBSI Common Stock Award $0 +4,038 +16% $0.000000 29,521 23 Feb 2023 Direct F2
holding UBSI Common Stock - Direct IRA 2,208 22 Feb 2023 Direct
holding UBSI Common Stock 3,125 22 Feb 2023 By 401k F3

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 7,246 22 Feb 2023 Common Stock 7,246 $32.51 Direct
holding UBSI Stock Option 3,623 22 Feb 2023 Common Stock 3,623 $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 7,603 22 Feb 2023 Common Stock 7,603 $37.60 Direct
holding UBSI Stock Option 5,419 22 Feb 2023 Common Stock 5,419 $38.49 Direct
holding UBSI Stock Option 7,603 22 Feb 2023 Common Stock 7,603 $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.