FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 07/21/2020 |
3. Issuer Name and Ticker or Trading Symbol
MVB FINANCIAL CORP [ MVBF ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 6,329 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Common Stock Options | 05/07/2019(1) | 05/07/2028 | Common Stock | 28,205 | $19.19 | D | |
Common Stock Options | 09/04/2019(2) | 09/04/2028 | Common Stock | 5,525 | $18.24 | D | |
RSU - Time-Vested Award | 05/10/2023(3) | (3) | Common Stock | 2,605 | $0.0 | D | |
RSU - TSR | 05/20/2022(4) | (4) | Common Stock | 1,109 | $0.0 | D | |
RSU - Time-Vested Award | 05/20/2020(5) | (5) | Common Stock | 3,063 | $0.0 | D | |
RSU - ROA Award | 05/20/2022(6) | (6) | Common Stock | 820 | $0.0 | D | |
RSU - TSR | 05/01/2023(4) | (4) | Common Stock | 2,081 | $0.0 | D | |
RSU - Time-Vested Award | 05/01/2021(5) | (5) | Common Stock | 3,437 | $0.0 | D | |
RSU - ROA Award | 05/01/2023(6) | (6) | Common Stock | 1,718 | $0.0 | D |
Explanation of Responses: |
1. Stock Options granted - 1/5 of the shares become exercisable 05/07/19, 05/07/20, 05/07/21, 05/07/22 and 05/07/23, respectively |
2. Stock Options granted - 1/5 of the shares become exercisable 09/04/19, 09/04/20, 09/04/21, 09/04/22 and 09/04/23, respectively |
3. The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended), which cliff vest in 5 years. |
4. The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and will cliff vest in 3 years upon meeting the Total Shareholder Return target. |
5. The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and have a five-year graded vesting schedule assuming continued employment with the Company. |
6. The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and will cliff vest in 3 years upon meeting the established ROA target. |
Remarks: |
Lisa J. McCormick, POA for Craig Bradley Greathouse | 07/31/2020 | |
** 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 5 (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. |