Donald T. Robinson - 22 Aug 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
22 Aug 2022
Net transactions value
+$13,332
Form type
4
Filing time
24 Aug 2022, 18:36:59 UTC
Previous filing
24 May 2022
Next filing
15 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $13,332 +1,111 +2.9% $12.00 38,901 22 Aug 2022 Direct
transaction MVBF Common Stock Sale $0 -1,111 -2.9% $0.000000 37,790 22 Aug 2022 Direct F1
holding MVBF Common Stock 2,000 22 Aug 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 Common Stock Options Exercise $0 -1,111 -7.4% $0.000000 13,889 22 Aug 2022 Common Stock 13,889 $12.00 Direct F2
holding MVBF Common Stock Options 50,000 22 Aug 2022 Common Stock 50,000 $16.00 Direct F3
holding MVBF Common Stock Options 15,000 22 Aug 2022 Common Stock 15,000 $12.50 Direct F4
holding MVBF Common Stock Options 100,000 22 Aug 2022 Common Stock 100,000 $13.25 Direct F5
holding MVBF Common Stock Options 25,000 22 Aug 2022 Common Stock 25,000 $12.85 Direct F6
holding MVBF Common Stock Options 15,000 22 Aug 2022 Common Stock 15,000 $19.65 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold over a period of two days at various prices, ranging from $34.00 per share to $34.35 per share.
F2 MVB Stock Options - 1/5 of the options became exercisable on 01/01/14, 01/01/15, 01/01/16, 01/01/17 and 01/01/18, respectively
F3 MVB Stock Options - 1/5 of the options became exercisable on 12/31/14, 12/31/15, 12/31/16, 12/31/17 and 12/31/18, respectively
F4 MVB Stock Options - 1/5 of the options became exercisable on 02/03/17, 02/03/18, 02/03/19, 02/03/20 and 02/03/21, respectively.
F5 MVB Stock Options - 1/5 of the options became exercisable on 09/21/17, 09/21/18, 09/21/19, 09/21/20 and 09/21/21, respectively
F6 MVB Stock Options - 1/5 of the options became exercisable on 03/21/18, 03/21/19, 03/21/20, 03/21/21 and 03/21/22, respectively
F7 MVB Stock Options - 1/5 of the options become exercisable on 02/21/19, 02/21/20, 02/21/21, 02/21/22 and 02/21/23, respectively.