SEC Form 4 · accession 0001225208-16-028706
UNITED BANKSHARES INC/WV · UBSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Adams Sr.
Officer — Chairman of the Board & CEO · Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 3:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000729986
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 29, 2016 | A | 9,300 | $0.00 | A | 611,377 | D | |
| Common Stock - Direct IRA | holding | — | — | — | 7,098 | D | ||
| Common StockF3 | holding | — | — | — | 46,872 | I | By 401k | |
| Common Stock | holding | — | — | — | 1,400 | I | By Corporation | |
| Common StockF2 | holding | — | — | — | 9,071 | I | By Immediate Family | |
| Common Stock | holding | — | — | — | 4,093 | I | By Wife- IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $35.04 | Feb 29, 2016 | A | 33,300 | A | Feb 29, 2016 | Feb 28, 2026 | Common Stock | 33,300 | 33,300 | D |
| Stock Option | $22.31 | holding | — | — | — | Jan 25, 2010 | Jan 25, 2020 | Common Stock | 60,000 | 60,000 | D |
| Stock Option | $26.19 | holding | — | — | — | Feb 19, 2013 | Feb 19, 2023 | Common Stock | 33,300 | 33,300 | D |
| Stock Option | $36.92 | holding | — | — | — | Feb 23, 2015 | Feb 23, 2025 | Common Stock | 33,300 | 33,300 | D |
| Stock Option | $28.89 | holding | — | — | — | Feb 24, 2014 | Feb 24, 2024 | Common Stock | 33,300 | 33,300 | D |
| Stock Option | $29.40 | holding | — | — | — | Feb 27, 2012 | Feb 27, 2022 | Common Stock | 33,300 | 33,300 | D |
| Stock Option | $28.64 | holding | — | — | — | Feb 28, 2011 | Feb 28, 2021 | Common Stock | 60,000 | 60,000 | D |
| Stock Option | $27.77 | holding | — | — | — | Nov 1, 2007 | Nov 1, 2017 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Shares were acquired pursuant to a grant of restricted stock units. The award vests in four equal annual installments.
- F2Additional stock acquired in the Dividend Reinvestment Plan.
- F3Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.