Larry F. Mazza - 01 May 2022 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Chief Executive Officer, Director
Signature
Lisa J. McCormick, POA for Larry F. Mazza
Issuer symbol
MVBF
Transactions as of
01 May 2022
Net transactions value
$0
Form type
4
Filing time
03 May 2022, 18:48:42 UTC
Previous filing
27 Dec 2021
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 +1,276 +0.24% $0.000000 535,323 01 May 2022 Direct F1, F2
transaction MVBF Common Stock Tax liability $0 -394 -0.07% $0.000000 534,929 01 May 2022 Direct
transaction MVBF Common Stock Options Exercise $0 +3,881 +0.73% $0.000000 538,810 01 May 2022 Direct F3, F4
transaction MVBF Common Stock Tax liability $0 -1,198 -0.22% $0.000000 537,612 01 May 2022 Direct
holding MVBF Common Stock 22,305 01 May 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 -1,258 -20% $0.000000 5,035 01 May 2022 Common Stock 1,258 $0.000000 Direct F5
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -3,758 -25% $0.000000 11,275 01 May 2022 Common Stock 3,758 $0.000000 Direct F4, F5
transaction MVBF RSU - Time-Vested Award Award $0 +6,895 $0.000000 6,895 01 May 2022 Common Stock 6,895 $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 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.