Donald T. Robinson - 21 Mar 2023 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
21 Mar 2023
Net transactions value
$0
Form type
4
Filing time
23 Mar 2023, 16:59:22 UTC
Previous filing
04 Jan 2023
Next filing
24 May 2023
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 +5,482 +14% $0.000000 44,587 21 Mar 2023 Direct F1, F2
transaction MVBF Common Stock Tax liability $0 -1,679 -3.8% $0.000000 42,908 21 Mar 2023 Direct
holding MVBF Common Stock 2,000 21 Mar 2023 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 -5,005 -100% $0.000000* 0 21 Mar 2023 Common Stock 5,005 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of the time-based restricted stock units granted 03/21/2018 have vested and shares are being issued
F2 Includes 477 dividend equivalent shares accrued since the time of grant.
F3 The restricted units were granted 03/21/2018 pursuant to the 2013 Stock Incentive Plan (Amended), which cliff vest in 5 years.