Form 4 for MVBF MVB FINANCIAL CORP
Accepted 2022-05-24 00:00:00 ET · period of report 2022-05-20 · accession 0001277902-22-000040 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-24 | 2022-05-20 | MVBF | Mazza Larry F | CEO, Dir | F - Tax | $0.00 | -6,027 | 551.2K | -1% | $0 |
| DM | 2022-05-24 | 2022-05-20 | MVBF | Mazza Larry F | CEO, Dir | M - OptEx | $0.00 | +19.5K | 546.5K | +4% | $0 |
| DM | 2022-05-24 | 2022-05-20 | MVBF | Mazza Larry F | CEO, Dir | M - OptEx | $0.00 | -13.9K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-20 | F | D | 6,027 | $0.00 | 551,153 | D | — | — | (F6) Includes 37 shares acquired through MVB's Dividend Reinvestment Plan. |
| 2 | Common | Common Stock | 2022-05-20 | M | A | 4,107 | $0.00 | 557,143 | D | — | — | (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. |
| 3 | Common | Common Stock | 2022-05-20 | M | A | 6,556 | $0.00 | 553,036 | D | — | — | (F3) Includes 204 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. |
| 4 | Common | Common Stock | 2022-05-20 | M | A | 8,868 | $0.00 | 546,480 | D | — | — | (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. |
| 5 | Derivative | RSU - Time-Vested Award | 2022-05-20 | M | D | 3,953 | $0.00 | 7,906 | D | $0.00 · 2020-05-20 to — | 3,953 Common Stock | (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. |
| 6 | Derivative | RSU - TSR | 2022-05-20 | M | D | 5,728 | $0.00 | 0 | D | $0.00 · 2022-05-20 to — | 5,728 Common Stock | (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. |
| 7 | Derivative | RSU - ROA Award | 2022-05-20 | M | D | 4,235 | $0.00 | 0 | D | $0.00 · 2022-05-20 to — | 4,235 Common Stock | (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. |