John T. Schirripa - 20 May 2021 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Signature
Lisa J. McCormick, POA for John T. Schirripa
Issuer symbol
MVBF
Transactions as of
20 May 2021
Net transactions value
$0
Form type
4
Filing time
24 May 2021, 19:12:20 UTC
Next filing
09 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +861 +2.7% $0.000000 32,944 20 May 2021 Direct F1, F2, F3
transaction MVBF Common Stock Tax liability $0 -261 -0.79% $0.000000 32,683 20 May 2021 Direct

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 -842 -25% $0.000000 2,526 20 May 2021 Common Stock 2,526 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and have a five-year graded vesting schedule assuming continued employment with the Company.
F2 1/5 of the restricted units, granted May 20, 2019, have vested and are being issued.
F3 Includes 19 dividend equivalent shares accrued since the time of grant.