SEC Form 4 · accession 0001277902-18-000049
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
Mar 21, 2018
Accepted (ET)
Mar 23, 2018 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001277902
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSU - Time-Vested AwardF1 | $0.00 | Mar 21, 2018 | A | 3,789 | A | Mar 21, 2023 | — | Common Stock | 3,789 | 3,789 | D |
| RSU - TSRF2 | $0.00 | Mar 21, 2018 | A | 480 | A | Mar 21, 2021 | — | Common Stock | 480 | 480 | D |
| RSU - ROA AwardF3 | $0.00 | Mar 21, 2018 | A | 473 | A | Mar 21, 2021 | — | Common Stock | 473 | 473 | D |
Explanation of responses
- F1The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended), which cliff vest in 5 years.
- F2The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and will cliff vest in 3 years upon meeting the Total Shareholder Return target
- F3The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended), and will cliff vest in 3 years upon meeting the established ROA target.