J. Christopher Pallotta - Jun 1, 2021 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Director
Signature
Lisa J. McCormick, POA for J. Christopher Pallotta
Stock symbol
MVBF
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 09:54 AM
Previous filing
May 28, 2021
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +5.56K +4.1% $0.00 141K Jun 1, 2021 Direct F1, F2

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 -5.5K -100% $0.00* 0 Jun 1, 2021 Common Stock 5.5K $0.00 Direct F1
transaction MVBF RSU - Time-Vested Award Award $0 +1.76K $0.00 1.76K Jun 1, 2021 Common Stock 1.76K $0.00 Direct F3
* 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 and shares are are being issued.
F2 Includes 62 dividend equivalent shares accrued since the time of grant.
F3 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.