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MVB FINANCIAL CORP — Director's Dealing 2022
May 24, 2022
33257_dirs_2022-05-24_a881a7f9-c1ef-4a44-b43d-e6db077e0771.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: 2022-05-20
Reporting Person: Mazza Larry F (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-20 | Common Stock | M | 8868 | — | Acquired | 546480 | Direct |
| 2022-05-20 | Common Stock | M | 6556 | — | Acquired | 553036 | Direct |
| 2022-05-20 | Common Stock | M | 4107 | — | Acquired | 557143 | Direct |
| 2022-05-20 | Common Stock | F | 6027 | — | Disposed | 551153 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-20 | RSU - TSR | $0.0 | M | 5728 | Disposed | Common Stock (5728.0) | Direct | |
| 2022-05-20 | RSU - ROA Award | $0.0 | M | 4235 | Disposed | Common Stock (4235.0) | Direct | |
| 2022-05-20 | RSU - Time-Vested Award | $0.0 | M | 3953 | Disposed | Common Stock (3953.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 22305 | Indirect |
Footnotes
F1: Includes 276 dividend equivalent shares accrued since the time of grant.
F2: Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted on May 20, 2019. The performance conditions applicable to the award were determined to have been satisfied by the Company's HR & Compensation Committee.
F3: Includes 204 dividend equivalent shares accrued since the time of grant.
F4: Includes 154 dividend equivalent shares accrued since the time of grant.
F5: 1/5 of the restricted units, granted May 20, 2019, have vested and are being issued.
F6: Includes 37 shares acquired through MVB's Dividend Reinvestment Plan.
F7: Owned by Melissa Mazza
F8: The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and will vest in one installment at the end of three years upon meeting the Total Shareholder Return target.
F9: The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended), which vest in one installment at the end of three years upon meeting the established ROA target.
F10: 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.