J. CHRISTOPHER PALLOTTA - 01 Jun 2021 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role: Director
Signature: Lisa J. McCormick, POA for J. Christopher Pallotta
Issuer symbol: MVBF
Transactions as of: 01 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Jun 2021, 09:54:10 UTC
Previous filing: 28 May 2021
Next filing: 09 Nov 2021
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	+5,560	+4.1%	$0.000000	141,258	01 Jun 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	-5,498	-100%	$0.000000^*	0	01 Jun 2021	Common Stock	5,498	$0.000000	Direct	F1
transaction	MVBF	RSU - Time-Vested Award	Award	$0	+1,759		$0.000000	1,759	01 Jun 2021	Common Stock	1,759	$0.000000	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.