Larry F. Mazza - May 22, 2023 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role: CEO, Director
Signature: /s/ Lisa Wanstreet McCormick, POA for Larry F. Mazza
Stock symbol: MVBF
Transactions as of: May 22, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/24/2023, 05:56 PM
Previous filing: May 24, 2023
Next filing: Dec 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MVBF	Common Stock	Options Exercise	$0	+4.11K	+0.71%	$0.00	586K	May 22, 2023	Direct	F1, F2
transaction	MVBF	Common Stock	Tax liability	$0	-1.45K	-0.25%	$0.00	585K	May 22, 2023	Direct
holding	MVBF	Common Stock						22.3K	May 22, 2023	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	-3.95K	-50%	$0.00	3.95K	May 22, 2023	Common Stock	3.95K	$0.00	Direct	F3

* 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, 2019, have vested and shares are being issued.
F2	Includes 155 dividend equivalent shares accrued since the time of grant.
F3	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.