Richard M. Sr Adams - Feb 22, 2023 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Chairman of the Board, Director
Signature
Shelli L. Adams
Stock symbol
UBSI
Transactions as of
Feb 22, 2023
Transactions value $
-$247,612
Form type
4
Date filed
2/24/2023, 12:55 PM
Previous filing
Jan 31, 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 -$248K -6.06K -0.76% $40.86 788K Feb 22, 2023 Direct F1, F2
transaction UBSI Common Stock Award $0 +15.2K +1.93% $0.00 803K Feb 23, 2023 Direct F3
holding UBSI Common Stock - Direct IRA 7.73K Feb 22, 2023 Direct
holding UBSI Common Stock 68.7K Feb 22, 2023 By 401k F4
holding UBSI Common Stock 1.4K Feb 22, 2023 By Corporation
holding UBSI Common Stock 21.6K Feb 22, 2023 By Immediate Family
holding UBSI Common Stock 4.17K Feb 22, 2023 By Wife- IRA

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 33.3K Feb 22, 2023 Common Stock 33.3K $28.89 Direct
holding UBSI Stock Option 44.1K Feb 22, 2023 Common Stock 44.1K $32.51 Direct
holding UBSI Stock Option 22K Feb 22, 2023 Common Stock 22K $32.51 Direct
holding UBSI Stock Option 33.3K Feb 22, 2023 Common Stock 33.3K $35.04 Direct
holding UBSI Stock Option 33.3K Feb 22, 2023 Common Stock 33.3K $36.92 Direct
holding UBSI Stock Option 49.5K Feb 22, 2023 Common Stock 49.5K $37.60 Direct
holding UBSI Stock Option 33.9K Feb 22, 2023 Common Stock 33.9K $38.49 Direct
holding UBSI Stock Option 49.5K Feb 22, 2023 Common Stock 49.5K $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.