SEC Form 4 · accession 0001277902-18-000030
MVB FINANCIAL CORP · MVBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Schirripa
Officer — EVP Chief Commercial Lndg Ofcr
Period of report
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 3:46 pm EST
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 StockF1 | holding | — | — | — | 28,915 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF2 | $19.65 | Feb 21, 2018 | A | 1,000 | A | Feb 21, 2019 | Feb 21, 2028 | Common Stock | 1,000 | 1,000 | D |
| Common Stock OptionsF3 | $12.85 | holding | — | — | — | Mar 21, 2018 | Mar 21, 2027 | Common Stock | 25,000 | 25,000 | D |
| Common Stock OptionsF4 | $12.50 | holding | — | — | — | Feb 3, 2017 | Feb 3, 2026 | Common Stock | 50,000 | 50,000 | D |
| Common Stock OptionsF5 | $16.00 | holding | — | — | — | Dec 31, 2014 | Dec 31, 2023 | Common Stock | 2,000 | 2,000 | D |
| Common Stock OptionsF6 | $12.00 | holding | — | — | — | Jan 1, 2014 | Jan 1, 2023 | Common Stock | 15,000 | 15,000 | D |
| Common Stock OptionsF7 | $12.00 | holding | — | — | — | Dec 31, 2013 | Dec 31, 2022 | Common Stock | 15,000 | 15,000 | D |
| Common Stock OptionsF8 | $11.25 | holding | — | — | — | Aug 1, 2011 | Aug 1, 2021 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Includes 84 shares acquired through MVB's Dividend Reinvestment Plan for the period of June - December 2017.
- F2Stock Options granted - 1/5 of the shares become exercisable 02/21/19, 02/21/20, 02/21/21, 02/21/22 and 02/21/23, respectively.
- F3Stock Options granted - 1/5 of the shares become exercisable 03/21/18, 03/21/19, 03/21/20, 03/21/21 and 03/21/22, respectively.
- F4Stock Options granted - 1/5 of the shares become exercisable 02/03/17, 02/03/18, 02/03/19, 02/03/20 and 02/03/21, respectively.
- F5Stock Options granted - 1/5 of the shares become exercisable 12/31/14, 12/31/15, 12/31/16, 12/31/17 and 12/31/18, respectively.
- F6Stock Options granted - 1/5 of the shares become exercisable 01/01/2014, 01/01/15, 01/01/16, 01/01/17 and 01/01/18, respectively.
- F7Stock Options granted - 1/5 of the shares become exercisable 12/31/2013, 12/31/14, 12/31/15, 12/31/16 and 12/31/17, respectively.
- F8Stock Options granted - 1/3 of the shares become exercisable 08/01/11, 08/01/12 and 08/01/13, respectively.