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MVB FINANCIAL CORP — Director's Dealing 2023
May 3, 2023
33257_dirs_2023-05-03_b1a88592-50b4-4d19-8b41-570c1fda47c0.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: 2023-05-01
Reporting Person: Robinson Donald T (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-01 | Common Stock | M | 1098 | — | Acquired | 44006 | Direct |
| 2023-05-01 | Common Stock | M | 393 | — | Acquired | 44399 | Direct |
| 2023-05-01 | Common Stock | M | 4192 | — | Acquired | 48591 | Direct |
| 2023-05-01 | Common Stock | M | 1133 | — | Acquired | 49724 | Direct |
| 2023-05-01 | Common Stock | F | 2010 | — | Disposed | 47714 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-01 | RSU - Time-Vested Award | $0.0 | M | 1025 | Disposed | Common Stock (1025.0) | Direct | |
| 2023-05-01 | RSU - Time-Vested Award | $0.0 | M | 374 | Disposed | Common Stock (374.0) | Direct | |
| 2023-05-01 | RSU - ROA Award | $0.0 | M | 2562 | Disposed | Common Stock (2562.0) | Direct | |
| 2023-05-01 | RSU - Time-Vested Award | $0.0 | M | 1092 | Disposed | Common Stock (1092.0) | Direct | |
| 2023-05-01 | RSU - Time-Vested Award | $ | A | 2275 | Acquired | Common Stock (2275.0) | Direct | |
| 2023-05-01 | RSU - Time-Vested Award | $0.0 | A | 8079 | Acquired | Common Stock (8079.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2000 | Indirect |
Footnotes
F1: 1/5 of the time-based restricted stock units, granted May 1, 2020, have vested and shares are being issued.
F2: Includes 73 dividend equivalent shares accrued since the time of the grant.
F3: 1/5 of the time-based restricted stock units, granted May 1, 2021, have vested and shares are being issued.
F4: Includes 19 dividend equivalent shares accrued since the time of the grant.
F5: Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted on May 1, 2020. The performance conditions applicable to the aware were determined to have been satisfied by the Company's HR & Compensation Committee.
F6: Includes 349 dividend equivalent shares accrued since the time of the grant
F7: 1/3 of the time-based restricted stock units, granted May 1, 2022, have vested and shares are being issued.
F8: Includes 41 dividend equivalent shares accrued since the time of the grant.
F9: 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.
F10: The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and were to cliff vest in 3 years upon meeting the established ROA target.
F11: 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.
F12: The restricted stock units were granted pursuant to the 2022 Stock Incentive Plan and will vest 100% on the first anniversary of the grant date 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.