Donald T. Robinson - 22 May 2023 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role: President and CFO
Signature: Lisa J. McCormick, POA for Donald T. Robinson
Issuer symbol: MVBF
Transactions as of: 22 May 2023
Net transactions value: $0
Form type: 4
Filing time: 24 May 2023, 17:57:45 UTC
Previous filing: 24 May 2023
Next filing: 07 Jun 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	+1,143	+2.4%	$0.000000	48,857	22 May 2023	Direct	F1, F2
transaction	MVBF	Common Stock	Tax liability	$0	-337	-0.69%	$0.000000	48,520	22 May 2023	Direct
holding	MVBF	Common Stock						2,000	22 May 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	-1,102	-50%	$0.000000	1,103	22 May 2023	Common Stock	1,102	$0.000000	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 41 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.