Larry F. Mazza - May 1, 2022 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Chief Executive Officer, Director
Signature
Lisa J. McCormick, POA for Larry F. Mazza
Stock symbol
MVBF
Transactions as of
May 1, 2022
Transactions value $
$0
Form type
4
Date filed
5/3/2022, 06:48 PM
Previous filing
Dec 27, 2021
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +1.28K +0.24% $0.00 535K May 1, 2022 Direct F1, F2
transaction MVBF Common Stock Tax liability $0 -394 -0.07% $0.00 535K May 1, 2022 Direct
transaction MVBF Common Stock Options Exercise $0 +3.88K +0.73% $0.00 539K May 1, 2022 Direct F3, F4
transaction MVBF Common Stock Tax liability $0 -1.2K -0.22% $0.00 538K May 1, 2022 Direct
holding MVBF Common Stock 22.3K May 1, 2022 Owned By - Melissa Mazza

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 -1.26K -19.99% $0.00 5.04K May 1, 2022 Common Stock 1.26K $0.00 Direct F5
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -3.76K -25% $0.00 11.3K May 1, 2022 Common Stock 3.76K $0.00 Direct F4, F5
transaction MVBF RSU - Time-Vested Award Award $0 +6.9K $0.00 6.9K May 1, 2022 Common Stock 6.9K $0.00 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 18 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 123 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.