Douglas Bryan Ernest - Feb 22, 2024 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Executive Vice-President
Signature
Shelli L. Adams
Stock symbol
UBSI
Transactions as of
Feb 22, 2024
Transactions value $
-$132,855
Form type
4
Date filed
2/26/2024, 03:22 PM
Previous filing
Dec 8, 2023
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 +5.43K +16.22% $0.00 38.9K Feb 22, 2024 Direct F1
transaction UBSI Common Stock Award $0 +4.95K +12.71% $0.00 43.9K Feb 22, 2024 Direct F2
transaction UBSI Common Stock Tax liability -$20.2K -586 -1.34% $34.49 43.3K Feb 22, 2024 Direct
transaction UBSI Common Stock Tax liability -$21.2K -616 -1.42% $34.49 42.7K Feb 22, 2024 Direct
transaction UBSI Common Stock Tax liability -$91.4K -2.65K -6.21% $34.49 40K Feb 22, 2024 Direct F3
holding UBSI Common Stock 6.6K Feb 22, 2024 By 401k F4
holding UBSI Common Stock 79 Feb 22, 2024 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
holding UBSI Stock Option 7.3K Feb 22, 2024 Common Stock 7.3K $32.51 Direct
holding UBSI Stock Option 3.65K Feb 22, 2024 Common Stock 3.65K $32.51 Direct
holding UBSI Stock Option 5K Feb 22, 2024 Common Stock 5K $35.04 Direct
holding UBSI Stock Option 5K Feb 22, 2024 Common Stock 5K $36.92 Direct
holding UBSI Stock Option 7.68K Feb 22, 2024 Common Stock 7.68K $37.60 Direct
holding UBSI Stock Option 5.46K Feb 22, 2024 Common Stock 5.46K $38.49 Direct
holding UBSI Stock Option 7.68K Feb 22, 2024 Common Stock 7.68K $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.