John Charles Marion - May 1, 2024 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Chief Risk Officer
Signature
Lisa J. McCormick, POA for John Charles Marion
Stock symbol
MVBF
Transactions as of
May 1, 2024
Transactions value $
-$24,036
Form type
4
Date filed
5/3/2024, 11:35 AM
Previous filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +306 +38.73% $0.00 1.1K May 1, 2024 Direct F1, F2
transaction MVBF Common Stock Options Exercise $0 +587 +53.56% $0.00 1.68K May 1, 2024 Direct F3, F4
transaction MVBF Common Stock Options Exercise $0 +1.27K +75.46% $0.00 2.95K May 1, 2024 Direct F5, F6
transaction MVBF Common Stock Options Exercise $0 +1.94K +65.28% $0.00 4.92K May 1, 2024 Direct F7, F8, F9
transaction MVBF Common Stock Tax liability -$24K -1.31K -26.55% $18.39 3.62K May 2, 2024 Direct

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 -282 -33.29% $0.00 565 May 1, 2024 Common Stock 282 $0.00 Direct F10
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -546 -50% $0.00 546 May 1, 2024 Common Stock 546 $0.00 Direct F11
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -1.22K -33.33% $0.00 2.45K May 1, 2024 Common Stock 1.22K $0.00 Direct F12
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -1.87K -100% $0.00* 0 May 1, 2024 Common Stock 1.87K $0.00 Direct F13
transaction MVBF RSU - Time-Vested Award Award $0 +3.57K $0.00 3.57K May 1, 2024 Common Stock 3.57K $0.00 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/5 of the time-based restricted stock units, granted May 1, 2021, have vested and shares are being issued.
F2 Includes 24 dividend equivalent shares accrued since the time of grant.
F3 1/3 of the time-based restricted stock units, granted May 1, 2022, have vested and shares are being issued.
F4 Includes 41 dividend equivalent shares accrued since the time of grant.
F5 1/3 of the time-based restricted stock units, granted May 1, 2023, have vested and shares are being issued.
F6 Includes 46 dividend equivalent shares accrued since the time of grant.
F7 100% of the time-based restricted stock units, granted May 1, 2023, have vested and shares are being issued.
F8 Includes 70 dividend equivalent shares accrued since the time of grant.
F9 This total includes 25 shares acquired through MVB's Dividend Reinvestment Plan.
F10 The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and have a five-year graded vesting schedule assuming continued employment with the Company.
F11 The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and have a three-year graded vesting schedule assuming continued employment with the Company.
F12 The restricted units were granted pursuant to the 2022 Stock Incentive Plan and have a three-year graded vesting schedule assuming continued employment with the Company.
F13 Time-vested restricted stock units were granted pursuant to the 2022 Stock Incentive Plan and have a one-year vesting schedule assuming continued employment with the Company.