SEC Form 4 · accession 0001225208-19-003746
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 23, 2019
Accepted (ET)
Feb 26, 2019 · 4:38 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 Stock | Feb 23, 2019 | F | 699 | $38.72 | D | 672,872 | D | |
| Common StockF1,F2 | Feb 25, 2019 | A | 28,434 | $0.00 | A | 701,306 | D | |
| Common Stock - Direct IRAF2 | holding | — | — | — | 7,258 | D | ||
| Common StockF3 | holding | — | — | — | 54,414 | I | By 401k | |
| Common Stock | holding | — | — | — | 1,400 | I | By Corporation | |
| Common StockF2 | holding | — | — | — | 10,975 | I | By Immediate Family | |
| Common StockF2 | holding | — | — | — | 3,989 | 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 | $38.49 | Feb 25, 2019 | A | 33,910 | A | Feb 25, 2019 | Feb 25, 2029 | Common Stock | 33,910 | 33,910 | 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 | $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 | $37.60 | holding | — | — | — | Feb 26, 2018 | Feb 26, 2028 | Common Stock | 49,519 | 49,519 | D |
| Stock Option | $45.30 | holding | — | — | — | Feb 27, 2017 | Feb 27, 2027 | Common Stock | 49,519 | 49,519 | 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.