Daniel W. Holt - Jun 1, 2023 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Director
Signature
Lisa J. McCormick, POA for Daniel W. Holt
Stock symbol
MVBF
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/5/2023, 05:08 PM
Previous filing
Jun 3, 2022
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +2.13K +57.67% $0.00 5.83K Jun 1, 2023 Direct F1, F2, F3

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 -2.05K -100% $0.00* 0 Jun 1, 2023 Common Stock 2.05K $0.00 Direct F4
transaction MVBF RSU - Time-Vested Award Award $0 +4.16K $0.00 4.16K Jun 1, 2023 Common Stock 4.16K Direct F4
* 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 Includes 94 shares acquired through MVB's Dividend Reinvestment Plan from June 2022 to present.
F4 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.