Donald T. Robinson - May 1, 2024 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Role
President and CFO
Signature
Lisa J. McCormick, POA for Donald T. Robinson
Stock symbol
MVBF
Transactions as of
May 1, 2024
Transactions value $
-$71,850
Form type
4
Date filed
5/3/2024, 11:38 AM
Previous filing
Nov 21, 2023
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +1.14K +2.1% $0.00 55.4K May 1, 2024 Direct F1, F2
transaction MVBF Common Stock Options Exercise $0 +407 +0.73% $0.00 55.8K May 1, 2024 Direct F3, F4
transaction MVBF Common Stock Options Exercise $0 +1.18K +2.1% $0.00 57K May 1, 2024 Direct F5, F6
transaction MVBF Common Stock Options Exercise $0 +2.79K +4.9% $0.00 59.8K May 1, 2024 Direct F7, F8
transaction MVBF Common Stock Options Exercise $0 +3.27K +5.46% $0.00 63.1K May 1, 2024 Direct F9, F10
transaction MVBF Common Stock Tax liability -$71.8K -3.91K -6.19% $18.39 59.2K May 1, 2024 Direct
holding MVBF Common Stock 2.18K May 1, 2024 401(k) Plan
holding MVBF Common Stock 2K May 1, 2024 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 RSU - Time-Vested Award Options Exercise $0 -1.03K -50% $0.00 1.03K May 1, 2024 Common Stock 1.03K $0.00 Direct F11
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -373 -33.27% $0.00 748 May 1, 2024 Common Stock 373 $0.00 Direct F11
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -1.09K -50% $0.00 1.09K May 1, 2024 Common Stock 1.09K $0.00 Direct F12
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -2.69K -33.33% $0.00 5.39K May 1, 2024 Common Stock 2.69K $0.00 Direct F13
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -3.15K -100% $0.00* 0 May 1, 2024 Common Stock 3.15K $0.00 Direct F14
transaction MVBF RSU - Time-Vested Award Award $0 +7.14K $0.00 7.14K May 1, 2024 Common Stock 7.14K $0.00 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 114 dividend equivalent shares accrued since the time of the grant.
F3 1/5 of the time-based restricted stock units, granted May 1, 2021, have vested and shares are being issued.
F4 Includes 34 dividend equivalent shares accrued since the time of the grant.
F5 1/3 of the time-based restricted stock units, granted May 1, 2022, have vested and shares are being issued.
F6 Includes 83 dividend equivalent shares accrued since the time of the grant.
F7 1/3 of the time-based restricted stock units, granted May 1, 2023, have vested and shares are being issued.
F8 Includes 101 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 Includes 119 dividend equivalent shares accrued since the time of grant.
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.