Larry F. Mazza - May 1, 2024 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Signature
Lisa J. McCormick, POA for Larry F. Mazza
Stock symbol
MVBF
Transactions as of
May 1, 2024
Transactions value $
-$156,591
Form type
4
Date filed
5/3/2024, 11:41 AM
Previous filing
Dec 19, 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 +4.18K +0.71% $0.00 593K May 1, 2024 Direct F1, F2
transaction MVBF Common Stock Options Exercise $0 +1.37K +0.23% $0.00 594K May 1, 2024 Direct F3, F4
transaction MVBF Common Stock Options Exercise $0 +2.47K +0.42% $0.00 597K May 1, 2024 Direct F5, F6
transaction MVBF Common Stock Options Exercise $0 +5.88K +0.99% $0.00 603K May 1, 2024 Direct F7, F8
transaction MVBF Common Stock Options Exercise $0 +10.2K +1.69% $0.00 613K May 1, 2024 Direct F9, F10
transaction MVBF Common Stock Tax liability -$157K -8.52K -1.39% $18.39 604K May 1, 2024 Direct
holding MVBF Common Stock 22.3K May 1, 2024 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 RSU - Time-Vested Award Options Exercise $0 -3.76K -49.99% $0.00 3.76K May 1, 2024 Common Stock 3.76K $0.00 Direct F11
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -1.26K -33.32% $0.00 2.52K May 1, 2024 Common Stock 1.26K $0.00 Direct F11
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -2.3K -49.99% $0.00 2.3K May 1, 2024 Common Stock 2.3K $0.00 Direct F12
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -5.67K -33.33% $0.00 11.3K May 1, 2024 Common Stock 5.67K $0.00 Direct F13
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -9.8K -100% $0.00* 0 May 1, 2024 Common Stock 9.8K $0.00 Direct F14
transaction MVBF RSU - Time-Vested Award Award $0 +15K $0.00 15K May 1, 2024 Common Stock 15K $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 422 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 115 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 176 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 214 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 370 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.