Daniel W. Holt - 18 May 2021 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role: Director
Signature: Lisa J. McCormick, POA for Daniel W. Holt
Issuer symbol: MVBF
Transactions as of: 18 May 2021
Net transactions value: $0
Form type: 4
Filing time: 20 May 2021, 17:45:35 UTC
Next filing: 24 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MVBF	Common Stock	Options Exercise	$0	+5,534	+47%	$0.000000	17,345	18 May 2021	Direct	F1, F2, 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
transaction	MVBF	RSU - Time-Vested Award	Options Exercise	$0	-5,498	-100%	$0.000000^*	0	18 May 2021	Common Stock	5,498	$0.000000	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	100% of the restricted stock units, granted June 1, 2020, have vested upon retirement from the Board and shares are are being issued.
F2	Includes 36 dividend equivalent shares accrued since the time of grant.
F3	Includes 89 shares acquired through MVB's Dividend Reinvestment Plan from June 2020 to March 2021.
F4	Time-vested restricted stock units acquired, pursuant to the 2013 Stock Incentive Plan (Amended) and will vest 100% on the first anniversary of the grant date.