SEC Form 4 · accession 0001181431-15-004867
MVB FINANCIAL CORP · MVBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Alvarez
Director
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 2:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001277902
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Mar 17, 2015 | J | 312 | $13.50 | A | 177,114 | D | |
| Common Shares | holding | — | — | — | 83,336 | I | Owned by wife, Kimberly Alvarez |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| common stockF1 | $16.00 | holding | — | — | — | Feb 1, 2015 | Feb 1, 2024 | Common Stock | 2,000 | 0 | D |
| Convertible Subordinated Promissory NoteF2 | $16.00 | holding | — | — | — | Jun 30, 2015 | Jul 30, 2019 | Common Stock | 187,500 | 3,000,000 | D |
| common stockF3 | $14.90 | holding | — | — | — | Jan 21, 2016 | Jan 21, 2025 | common stock | 1,000 | 0 | D |
Explanation of responses
- F1Stock Options granted. 1/5 of shares become exercisable 02/01/15, 02/01/16, 02/01/17, 02/01/18 and 02/01/19, respectively
- F2Convertible Subordinated Promissory Note
- F3Stock Options granted. 1/5 of shares become exercisable 01/21/16, 01/21/17, 01/21/18, 01/21/19 and 01/21/20, respectively
- F4Shares acquired thru Voluntary Director Stock Purchase Plan