RICHARD M. SR ADAMS - 24 Feb 2023 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role: Chairman of the Board, Director
Signature: Shelli L. Adams
Issuer symbol: UBSI
Transactions as of: 24 Feb 2023
Net transactions value: -$404,180
Form type: 4
Filing time: 28 Feb 2023, 10:11:41 UTC
Previous filing: 24 Feb 2023
Next filing: 08 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UBSI	Common Stock	Tax liability	$272,148	-6,641	-0.83%	$40.98	796,248	24 Feb 2023	Direct	F1
transaction	UBSI	Common Stock	Tax liability	$132,032	-3,225	-0.41%	$40.94	793,023	25 Feb 2023	Direct	F1
holding	UBSI	Common Stock - Direct IRA						7,734	24 Feb 2023	Direct
holding	UBSI	Common Stock						68,693	24 Feb 2023	By 401k
holding	UBSI	Common Stock						1,400	24 Feb 2023	By Corporation
holding	UBSI	Common Stock						21,579	24 Feb 2023	By Immediate Family
holding	UBSI	Common Stock						4,166	24 Feb 2023	By Wife- IRA

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	Stock Option						33,300	24 Feb 2023	Common Stock	33,300	$28.89	Direct
holding	UBSI	Stock Option						44,083	24 Feb 2023	Common Stock	44,083	$32.51	Direct
holding	UBSI	Stock Option						22,041	24 Feb 2023	Common Stock	22,041	$32.51	Direct
holding	UBSI	Stock Option						33,300	24 Feb 2023	Common Stock	33,300	$35.04	Direct
holding	UBSI	Stock Option						33,300	24 Feb 2023	Common Stock	33,300	$36.92	Direct
holding	UBSI	Stock Option						49,519	24 Feb 2023	Common Stock	49,519	$37.60	Direct
holding	UBSI	Stock Option						33,910	24 Feb 2023	Common Stock	33,910	$38.49	Direct
holding	UBSI	Stock Option						49,519	24 Feb 2023	Common Stock	49,519	$45.30	Direct

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

Explanation of Responses:

Id	Content
F1	Withholding of shares to satisfy tax withholdings in connection with vested restricted stock units.