SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Williams Darren K

(Last) (First) (Middle)
514 MARKET ST

(Street)
PARKERSBURG WV 26101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNITED BANKSHARES INC/WV [ UBSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice-President
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/22/2024 02/22/2024 A 6,157(1) A $0.0000 34,261 D
Common Stock 02/22/2024 02/22/2024 A 5,565(2) A $0.0000 39,826 D
Common Stock 02/22/2024 02/22/2024 F 664 D $34.49 39,162 D
Common Stock 02/22/2024 02/22/2024 F 698 D $34.49 38,464 D
Common Stock 02/22/2024 02/22/2024 F 2,971 D $34.49 35,493 D
Common Stock - Direct IRA 2,208 D
Common Stock 3,740.5424(3) I By 401k
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $32.51 02/24/2020 02/24/2030 Common Stock 7,246 7,246 D
Stock Option $32.51 02/24/2021 02/24/2030 Common Stock 3,623 3,623 D
Stock Option $35.04 02/29/2016 02/28/2026 Common Stock 5,000 5,000 D
Stock Option $36.92 02/23/2015 02/23/2025 Common Stock 5,000 5,000 D
Stock Option $37.6 02/26/2018 02/26/2028 Common Stock 7,603 7,603 D
Stock Option $38.49 02/25/2019 02/25/2029 Common Stock 5,419 5,419 D
Stock Option $45.3 02/27/2017 02/27/2027 Common Stock 7,603 7,603 D
Explanation of Responses:
1. Represents performance-based restricted stock units granted in February, 2021 that vested in February, 2024 upon achievement of performance goals. The restricted stock units were settled by delivery of an equal number of shares of common stock.
2. Shares were acquired pursuant to a grant of restricted stock units. The award vests in three equal annual installments.
3. Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.
Shelli L. Adams 02/26/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.