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

Role
Chairman of the Board, Director
Signature
Shelli L. Adams
Issuer symbol
UBSI
Transactions as of
22 Feb 2023
Net transactions value
-$247,612
Form type
4
Filing time
24 Feb 2023, 12:55:37 UTC
Previous filing
31 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 Tax liability $247,612 -6,060 -0.76% $40.86 787,686 22 Feb 2023 Direct F1, F2
transaction UBSI Common Stock Award $0 +15,203 +1.9% $0.000000 802,889 23 Feb 2023 Direct F3
holding UBSI Common Stock - Direct IRA 7,734 22 Feb 2023 Direct
holding UBSI Common Stock 68,693 22 Feb 2023 By 401k F4
holding UBSI Common Stock 1,400 22 Feb 2023 By Corporation
holding UBSI Common Stock 21,579 22 Feb 2023 By Immediate Family
holding UBSI Common Stock 4,166 22 Feb 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 33,300 22 Feb 2023 Common Stock 33,300 $28.89 Direct
holding UBSI Stock Option 44,083 22 Feb 2023 Common Stock 44,083 $32.51 Direct
holding UBSI Stock Option 22,041 22 Feb 2023 Common Stock 22,041 $32.51 Direct
holding UBSI Stock Option 33,300 22 Feb 2023 Common Stock 33,300 $35.04 Direct
holding UBSI Stock Option 33,300 22 Feb 2023 Common Stock 33,300 $36.92 Direct
holding UBSI Stock Option 49,519 22 Feb 2023 Common Stock 49,519 $37.60 Direct
holding UBSI Stock Option 33,910 22 Feb 2023 Common Stock 33,910 $38.49 Direct
holding UBSI Stock Option 49,519 22 Feb 2023 Common Stock 49,519 $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.