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MVB FINANCIAL CORP — Director's Dealing 2021
Mar 24, 2021
33257_dirs_2021-03-24_d07cffd2-a39d-412c-a45a-0ac373b1834b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MVB FINANCIAL CORP (MVBF)
CIK: 0001277902
Period of Report: 2021-03-22
Reporting Person: Schirripa John T (EVP Chief Commercial Lndg Ofcr)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-22 | Common Stock | A | 724 | — | Acquired | 30883 | Direct |
| 2021-03-22 | Common Stock | A | 735 | — | Acquired | 31618 | Direct |
| 2021-03-22 | Common Stock | F | 442 | — | Disposed | 31550 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-22 | RSU - TSR | $0.0 | M | 480 | Disposed | Common Stock (480.0) | Direct | |
| 2021-03-22 | RSU - ROA Award | $0.0 | M | 473 | Disposed | Common Stock (473.0) | Direct |
Footnotes
F1: Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted on March 21, 2018. The performance conditions applicable to the award were determined to have been satisfied by the Company's HR & Compensation Committee on March 16, 2021.
F2: Includes 374 shares acquired through MVB's Dividend Reinvestment Plan from June 2020 to present.
F3: The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and will cliff vest in 3 years upon meeting the Total Shareholder Return target
F4: The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended), and will cliff vest in 3 years upon meeting the established ROA target.