Larry F. Mazza - 12 Dec 2023 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
CEO, Director
Signature
Lisa J. McCormick, POA for Larry F. Mazza
Issuer symbol
MVBF
Transactions as of
12 Dec 2023
Net transactions value
-$23,533
Form type
4
Filing time
14 Dec 2023, 15:29:52 UTC
Previous filing
24 May 2023
Next filing
19 Dec 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 $240,000 +15,000 +2.6% $16.00 599,912 12 Dec 2023 Direct
transaction MVBF Common Stock Tax liability $263,533 -12,893 -2.1% $20.44 587,019 12 Dec 2023 Direct F1
holding MVBF Common Stock 22,305 12 Dec 2023 Owned By - Melissa Mazza

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 -15,000 -71% $0.000000 6,250 12 Dec 2023 Common Stock 15,000 $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 02/01/24.
F2 This option is fully vested.