W. Marston Becker - 01 Jun 2023 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Director
Signature
Lisa J. McCormick, POA for W. Marston Becker
Issuer symbol
MVBF
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:39:11 UTC
Previous filing
15 Mar 2023
Next filing
17 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +2,132 +4.5% $0.000000 49,966 01 Jun 2023 Direct F1, F2

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 -2,054 -100% $0.000000* 0 01 Jun 2023 Common Stock 2,054 $0.000000 Direct F3
transaction MVBF RSU - Time-Vested Award Award $0 +4,162 $0.000000 4,162 01 Jun 2023 Common Stock 4,162 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 restricted stock units, granted June 1, 2022, have vested and shares are being issued.
F2 Includes 78 dividend equivalent shares accrued since the time of grant.
F3 The time-vested restricted stock units were granted pursuant to the MVB Financial Corp. 2022 Stock Incentive Plan and will vest 100% on the first anniversary of the grant date.