RICHARD M. ADAMS JR - 31 Dec 2021 Form 5 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role: President
Signature: Shelli L. Adams
Issuer symbol: UBSI
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 5
Filing time: 14 Feb 2022, 15:49:15 UTC
Next filing: 10 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UBSI	Common Stock						85,993	31 Dec 2021	Direct
holding	UBSI	Common Stock						12,101	31 Dec 2021	By 401k	F1
holding	UBSI	Common Stock						10,986	31 Dec 2021	Trust for Children

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	UBSI	Phantom Stock						254	31 Dec 2021	Common Stock	254		Direct	F2, F3, F4
holding	UBSI	Stock Option						11,100	31 Dec 2021	Common Stock	11,100	$26.19	Direct
holding	UBSI	Stock Option						11,100	31 Dec 2021	Common Stock	11,100	$28.89	Direct
holding	UBSI	Stock Option						11,100	31 Dec 2021	Common Stock	11,100	$29.40	Direct
holding	UBSI	Stock Option						14,761	31 Dec 2021	Common Stock	14,761	$32.51	Direct
holding	UBSI	Stock Option						7,381	31 Dec 2021	Common Stock	7,381	$32.51	Direct
holding	UBSI	Stock Option						11,100	31 Dec 2021	Common Stock	11,100	$35.04	Direct
holding	UBSI	Stock Option						11,100	31 Dec 2021	Common Stock	11,100	$36.92	Direct
holding	UBSI	Stock Option						16,060	31 Dec 2021	Common Stock	16,060	$37.60	Direct
holding	UBSI	Stock Option						11,613	31 Dec 2021	Common Stock	11,613	$38.49	Direct
holding	UBSI	Stock Option						16,060	31 Dec 2021	Common Stock	16,060	$45.30	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.
F2	1 for 1
F3	The reporting person's shares of phantom stock arose through his deferral of compensation under the United Bankshares, Inc., Non-qualified Retirement and Savings Plan (the Plan). Shares of phantom stock are exercisable immediately.
F4	Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.