Craig Bradley Greathouse - 01 May 2024 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
Chief Administrative Officer
Signature
Lisa J. McCormick, POA for Craig Bradley Greathouse
Issuer symbol
MVBF
Transactions as of
01 May 2024
Net transactions value
-$27,475
Form type
4
Filing time
03 May 2024, 11:36:49 UTC
Previous filing
24 May 2023
Next filing
22 May 2024
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 $0 +761 +4.5% $0.000000 17,508 01 May 2024 Direct F1, F2
transaction MVBF Common Stock Options Exercise $0 +282 +1.6% $0.000000 17,790 01 May 2024 Direct F3, F4
transaction MVBF Common Stock Options Exercise $0 +587 +3.3% $0.000000 18,377 01 May 2024 Direct F5, F6
transaction MVBF Common Stock Options Exercise $0 +1,396 +7.6% $0.000000 19,773 01 May 2024 Direct F7, F8
transaction MVBF Common Stock Options Exercise $0 +2,031 +10% $0.000000 22,253 01 May 2024 Direct F2, F9, F10
transaction MVBF Common Stock Tax liability $27,475 -1,494 -6.7% $18.39 20,759 01 May 2024 Direct
holding MVBF Common Stock 169 01 May 2024 401(k) Plan

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 -687 -50% $0.000000 688 01 May 2024 Common Stock 687 $0.000000 Direct F11
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -260 -33% $0.000000 522 01 May 2024 Common Stock 260 $0.000000 Direct F11
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -546 -50% $0.000000 546 01 May 2024 Common Stock 546 $0.000000 Direct F12
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -1,346 -33% $0.000000 2,693 01 May 2024 Common Stock 1,346 $0.000000 Direct F13
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -1,957 -100% $0.000000* 0 01 May 2024 Common Stock 1,957 $0.000000 Direct F14
transaction MVBF RSU - Time-Vested Award Award $0 +3,568 $0.000000 3,568 01 May 2024 Common Stock 3,568 $0.000000 Direct F13
* 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, 2020, have vested and shares are being issued.
F2 Includes 74 dividend equivalent shares accrued since the time of grant.
F3 1/5 of the time-based restricted stock units, granted May 1, 2021, have vested and shares are being issued.
F4 Includes 22 dividend equivalent shares accrued since the time of grant.
F5 1/3 of the time-based restricted stock units, granted May 1, 2022, have vested and shares are being issued.
F6 Includes 41 dividend equivalent shares accrued since the time of grant.
F7 1/3 of the time-based restricted stock units, granted May 1, 2023, have vested and shares are being issued.
F8 Includes 50 dividend equivalent shares accrued since the time of grant.
F9 100% of the time-based restricted stock units, granted May 1, 2023, have vested and shares are being issued.
F10 This total includes 449 shares acquired through MVB's Dividend Reinvestment Plan.
F11 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.
F12 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.
F13 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.
F14 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.