Richard M. Sr Adams - Dec 7, 2023 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Executive Chairman, Director
Signature
Shelli L. Adams
Stock symbol
UBSI
Transactions as of
Dec 7, 2023
Transactions value $
-$1,258,756
Form type
4
Date filed
12/8/2023, 04:56 PM
Previous filing
Feb 28, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBSI Common Stock Options Exercise $962K +33.3K +4.19% $28.89 827K Dec 7, 2023 Direct
transaction UBSI Common Stock Tax liability -$1.05M -30.1K -3.64% $35.02 797K Dec 7, 2023 Direct F1
holding UBSI Common Stock - Direct IRA 8.01K Dec 7, 2023 Direct F1
holding UBSI Common Stock 71.6K Dec 7, 2023 By 401k F2
holding UBSI Common Stock 1.4K Dec 7, 2023 By Corporation
holding UBSI Common Stock 22.3K Dec 7, 2023 By Immediate Family F1
holding UBSI Common Stock 4.32K Dec 7, 2023 By Wife- IRA F1

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 Stock Option Options Exercise -$1.17M -33.3K -100% $35.02 0 Dec 7, 2023 Common Stock 33.3K $28.89 Direct
holding UBSI Stock Option 44.1K Dec 7, 2023 Common Stock 44.1K $32.51 Direct
holding UBSI Stock Option 22K Dec 7, 2023 Common Stock 22K $32.51 Direct
holding UBSI Stock Option 33.3K Dec 7, 2023 Common Stock 33.3K $35.04 Direct
holding UBSI Stock Option 33.3K Dec 7, 2023 Common Stock 33.3K $36.92 Direct
holding UBSI Stock Option 49.5K Dec 7, 2023 Common Stock 49.5K $37.60 Direct
holding UBSI Stock Option 33.9K Dec 7, 2023 Common Stock 33.9K $38.49 Direct
holding UBSI Stock Option 49.5K Dec 7, 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 Additional stock acquired in the Dividend Reinvestment Plan.
F2 Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.