P. Clinton Winter - 23 Feb 2023 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role: Director
Signature: Shelli L. Adams
Issuer symbol: UBSI
Transactions as of: 23 Feb 2023
Net transactions value: +$2,520
Form type: 4
Filing time: 24 Feb 2023, 12:22:57 UTC
Previous filing: 05 Jan 2023
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	Award	$0	+1,464	+0.32%	$0.000000	453,420	23 Feb 2023	Direct	F1
holding	UBSI	Common Stock						36,800	23 Feb 2023	Bray & Oakley Insurance
holding	UBSI	Common Stock						1,000	23 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
transaction	UBSI	Phantom Stock	Purchase	$2,520	+62	+0.16%	$40.65	39,559	24 Feb 2023	Common Stock	62		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares were acquired pursuant to a grant of restricted stock. The award vests in three equal annual installments.
F2	1 for 1
F3	Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.