Donald T. Robinson - Nov 15, 2023 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Signature
Lisa J. McCormick, POA for Donald T. Robinson
Stock symbol
MVBF
Transactions as of
Nov 15, 2023
Transactions value $
$738,320
Form type
4
Date filed
11/17/2023, 04:51 PM
Previous filing
Jun 7, 2023
Next filing
Nov 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $738K +46.1K +95.11% $16.00 94.7K Nov 15, 2023 Direct
transaction MVBF Common Stock Tax liability $0 -41.1K -43.42% $0.00 53.6K Nov 15, 2023 Direct F1
holding MVBF Common Stock 2K Nov 15, 2023 401(k) Plan
holding MVBF Common Stock 2K Nov 15, 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 Common Stock Options Options Exercise $0 -46.1K -92.29% $0.00 3.86K Nov 15, 2023 Common Stock 46.1K $16.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by MVB to satisfy the exercise price and tax withholding obligations associated with the exercise of stock options set to expire on 12/31/23.
F2 This option is fully vested.