Donald T. Robinson - May 20, 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 20, 2024
Transactions value $
-$10,475
Form type
4
Date filed
5/22/2024, 04:05 PM
Previous filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +1.24K +2.09% $0.00 60.4K May 20, 2024 Direct F1, F2
transaction MVBF Common Stock Tax liability -$10.5K -551 -0.91% $19.01 59.9K May 20, 2024 Direct
holding MVBF Common Stock 2.18K May 20, 2024 401(k) Plan
holding MVBF Common Stock 2K May 20, 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 -1.1K -100% $0.00* 0 May 20, 2024 Common Stock 1.1K $0.00 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 135 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.