SEC Form 4 · accession 0001225208-16-034666

UNITED BANKSHARES INC/WV · UBSI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Michael P Fitzgerald

Director

Period of report

Jun 3, 2016

Accepted (ET)

Jun 7, 2016 · 12:21 pm EDT

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 Stock^F1	Jun 3, 2016	A	201,469	$0.00	A	206,504	D
Common Stock - Direct IRA^F2	Jun 3, 2016	A	13,038	$0.00	A	13,038	D
Common Stock^F3	Jun 3, 2016	A	7,570	$0.00	A	7,570	I	By Immediate Family

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option^F4	$20.94	Jun 3, 2016	A	33,549	A	Feb 1, 2014	Feb 1, 2024	Common Stock	33,549	33,549	D
Stock Option^F5	$16.11	Jun 3, 2016	A	65,563	A	Jun 1, 2011	Jun 1, 2021	Common Stock	65,563	65,563	D
Stock Option^F6	$14.50	Jun 3, 2016	A	25,124	A	Jun 18, 2009	Jun 18, 2019	Common Stock	25,124	25,124	D

Explanation of responses

F1Received in exchange for 216,331 shares of Bank of Georgetown common stock in connection with merger of Bank of Georgetown into United Bankshares, Inc. (the "Merger"). Holders of Bank of Georgetown common stock received 0.9313 shares of United Bankshares Common stock in exhange for each share of Bank of Georgetown common stock held immediately prior to the merger.
F2Received in exchange for 14,000 shares of Bank of Georgetown common stock in connection with merger of Bank of Georgetown into United Bankshares, Inc. (the "Merger"). Holders of Bank of Georgetown common stock received 0.9313 shares of United Bankshares Common stock in exchange for each share of Bank of Georgetown common stock held immediately prior to the merger.
F3Received in exchange for 8,130 shares of Bank of Georgetown common stock in connection with merger of Bank of Georgetown into United Bankshares, Inc. (the "Merger"). Holders of Bank of Georgetown common stock received 0.9313 shares of United Bankshares Common stock in exchange for each share of Bank of Georgetown common stock held immediately prior to the merger.
F4Received in the Merger in exchange for a stock option to acquire 36,024 shares of Bank of Georgetown common stock for $19.50 per share.
F5Received in the Merger in exchange for a stock option to acquire 70,399 shares of Bank of Georgetown common stock for $15.00 per share.
F6Received in the Merger in exchange for a stock option to acquire 26,997 shares of Bank of Georgetown common stock for $13.50 per share.