David B. Alvarez - Jun 1, 2021 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Director
Signature
Lisa J. McCormick, POA for David B. Alvarez
Stock symbol
MVBF
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 09:55 AM
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +5.56K +2.59% $0.00 220K Jun 1, 2021 Direct F1, F2, F3
holding MVBF Common Stock 90.6K Jun 1, 2021 Owned By Wife, Kimberly Alvarez

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 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 and shares are are being issued.
F2 Includes 62 dividend equivalent shares accrued since the time of grant.
F3 Includes 3,874 shares acquired through MVB's Dividend Reinvestment Plan from June 2020 to present.
F4 The time-vested restricted stock units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and will vest 100% on the first anniversary of the grant date.