Kelly R. Nelson - Jun 1, 2023 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Director
Signature
Lisa J. McCormick, POA for Kelly R. Nelson
Stock symbol
MVBF
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/5/2023, 05:23 PM
Previous filing
Jun 3, 2022
Next filing
Nov 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +2.13K +2.74% $0.00 79.9K Jun 1, 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 -2.05K -100% $0.00* 0 Jun 1, 2023 Common Stock 2.05K $0.00 Direct F3
transaction MVBF RSU - Time-Vested Award Award $0 +4.16K $0.00 4.16K Jun 1, 2023 Common Stock 4.16K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 78 dividend equivalent shares accrued since the time of grant.
F2 100% of the restricted stock units, granted June 1, 2022 have vested and shares are are being issued.
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.