Larry F. Mazza - 20 May 2024 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Signature
Lisa J. McCormick, POA for Larry F. Mazza
Issuer symbol
MVBF
Transactions as of
20 May 2024
Net transactions value
-$29,789
Form type
4
Filing time
22 May 2024, 16:01:20 UTC
Previous filing
03 May 2024
Next filing
13 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +4,431 +0.73% $0.000000 608,890 20 May 2024 Direct F1, F2
transaction MVBF Common Stock Tax liability $29,789 -1,567 -0.26% $19.01 607,323 20 May 2024 Direct
holding MVBF Common Stock 22,305 20 May 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 -3,953 -100% $0.000000* 0 20 May 2024 Common Stock 3,953 $0.000000 Direct F3
* 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 20, 2019, have vested and shares are being issued.
F2 Includes 478 dividend equivalent shares accrued since the time of grant.
F3 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.