SEC Form 4 · accession 0001225208-17-014118
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
Aug 15, 2017
Accepted (ET)
Aug 17, 2017 · 11:29 am 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 | Aug 15, 2017 | P | 400 | $33.9835 | A | 9,778 | I | By Immediate Family |
| Common Stock | Aug 15, 2017 | P | 100 | $34.00 | A | 9,878 | I | By Immediate Family |
| Common StockF1 | Aug 15, 2017 | P | 400 | $33.975 | A | 400 | I | Not for Profit Organization |
| Common StockF1 | Aug 15, 2017 | P | 137 | $33.965 | A | 537 | I | Not for Profit Organization |
| Common StockF1 | Aug 15, 2017 | P | 100 | $33.995 | A | 637 | I | Not for Profit Organization |
| Common Stock | holding | — | — | — | 637,900 | D | ||
| Common Stock - Direct IRA | holding | — | — | — | 7,458 | D | ||
| Common Stock | holding | — | — | — | 49,549 | I | By 401k | |
| Common Stock | holding | — | — | — | 1,400 | I | By Corporation | |
| Common Stock | holding | — | — | — | 4,073 | 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 | $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 | $27.77 | holding | — | — | — | Nov 1, 2007 | Nov 1, 2017 | Common Stock | 30,000 | 30,000 | D |
| Stock Option | $28.64 | holding | — | — | — | Feb 28, 2011 | Feb 28, 2021 | Common Stock | 60,000 | 60,000 | 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 | $35.04 | holding | — | — | — | Feb 29, 2016 | Feb 28, 2026 | 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 | $45.30 | holding | — | — | — | Feb 27, 2017 | Feb 27, 2027 | Common Stock | 49,519 | 49,519 | D |
Explanation of responses
- F1Shares owned by not-for profit corporation of which reporting person's spouse is treasurer. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.