Richard M. Sr Adams - Feb 22, 2024 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Executive Chairman, Director
Signature
Shelli L. Adams
Stock symbol
UBSI
Transactions as of
Feb 22, 2024
Transactions value $
-$662,277
Form type
4
Date filed
2/26/2024, 03:11 PM
Previous filing
Feb 13, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBSI Common Stock Award $0 +29K +3.63% $0.00 827K Feb 22, 2024 Direct F1
transaction UBSI Common Stock Award $0 +25.9K +3.14% $0.00 852K Feb 22, 2024 Direct F2
transaction UBSI Common Stock Tax liability -$101K -2.94K -0.34% $34.49 850K Feb 22, 2024 Direct
transaction UBSI Common Stock Tax liability -$108K -3.12K -0.37% $34.49 846K Feb 22, 2024 Direct
transaction UBSI Common Stock Tax liability -$453K -13.1K -1.55% $34.49 833K Feb 22, 2024 Direct F3
holding UBSI Common Stock - Direct IRA 7.7K Feb 22, 2024 Direct F3
holding UBSI Common Stock 73K Feb 22, 2024 By 401k F4
holding UBSI Common Stock 1.4K Feb 22, 2024 By Corporation
holding UBSI Common Stock 22.8K Feb 22, 2024 By Immediate Family F3
holding UBSI Common Stock 4.11K Feb 22, 2024 By Wife- IRA 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 44.1K Feb 22, 2024 Common Stock 44.1K $32.51 Direct
holding UBSI Stock Option 22K Feb 22, 2024 Common Stock 22K $32.51 Direct
holding UBSI Stock Option 33.3K Feb 22, 2024 Common Stock 33.3K $35.04 Direct
holding UBSI Stock Option 33.3K Feb 22, 2024 Common Stock 33.3K $36.92 Direct
holding UBSI Stock Option 49.5K Feb 22, 2024 Common Stock 49.5K $37.60 Direct
holding UBSI Stock Option 33.9K Feb 22, 2024 Common Stock 33.9K $38.49 Direct
holding UBSI Stock Option 49.5K Feb 22, 2024 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 Represents performance-based restricted stock units granted in February, 2021 that vested in February, 2024 upon achievement of performance goals. The restricted stock units were settled by delivery of an equal number of shares of common stock.
F2 Shares were acquired pursuant to a grant of restricted stock units. The award vests in three equal annual installments.
F3 Additional stock acquired in the Dividend Reinvestment Plan.
F4 Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.