Donald T. Robinson - 01 May 2022 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
President
Signature
Lisa J. McCormick, POA for Donald T. Robinson
Issuer symbol
MVBF
Transactions as of
01 May 2022
Net transactions value
$0
Form type
4
Filing time
03 May 2022, 18:46:31 UTC
Previous filing
03 Jan 2022
Next filing
24 May 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 +378 +1.1% $0.000000 33,414 01 May 2022 Direct F1, F2
transaction MVBF Common Stock Tax liability $0 -117 -0.35% $0.000000 33,297 01 May 2022 Direct
transaction MVBF Common Stock Options Exercise $0 +1,058 +3.2% $0.000000 34,355 01 May 2022 Direct F3, F4
transaction MVBF Common Stock Tax liability $0 -327 -0.95% $0.000000 34,028 01 May 2022 Direct
holding MVBF Common Stock 2,000 01 May 2022 Shares held by Brent Robinson

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 -373 -20% $0.000000 1,495 01 May 2022 Common Stock 373 $0.000000 Direct F5
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -1,025 -25% $0.000000 3,075 01 May 2022 Common Stock 1,025 $0.000000 Direct F5
transaction MVBF RSU - Time-Vested Award Award $0 +3,276 $0.000000 3,276 01 May 2022 Common Stock 3,276 $0.000000 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/5 of the time-based restricted stock units, granted May 1, 2021, have vested and shares are being issued.
F2 Includes 5 dividend equivalent shares accrued since the time of grant.
F3 1/5 of the time-based restricted stock units, granted May 1, 2020, have vested and shares are being issued.
F4 Includes 33 dividend equivalent shares accrued since the time of grant.
F5 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.
F6 The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and have a three-year graded vesting schedule assuming continued employment with the Company.