MVB FINANCIAL CORP. (OTCMKTS:MVBF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers
stock options under the MVB Financial Corp. 2013 Stock Incentive
Plan (Amended) to the following directors and executive officers
in the indicated amounts:
Larry F. Mazza
|
50,000
|
Donald T. Robinson
|
25,000
|
H. Edward Dean, III
|
2,000
|
David B. Alvarez
|
1,000
|
Stephen R. Brooks
|
1,000
|
James J. Cava, Jr.
|
1,000
|
John W. Ebert
|
1,000
|
Gary A. LeDonne
|
1,000
|
Kelly R. Nelson
|
1,000
|
J. Christopher Pallotta
|
1,000
|
Companys common stock on the date of the grant ($12.85 per share)
and will vest over a five-year period in equal amounts each year,
beginning March 21, 2017.
About MVB FINANCIAL CORP. (OTCMKTS:MVBF)
MVB Financial Corp. (MVB) is a financial holding company. Through its subsidiaries, MVB Bank, Inc. (the Bank), MVB Mortgage and MVB Insurance, LLC, the Company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. It operates through four segments: commercial and retail banking, mortgage banking, financial holding company, and insurance services. The Bank offers its customers a range of products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. The Bank provides services through its walk-in offices, automated teller machines (ATMs), drive-in facilities, and Internet and telephone banking. The Bank also offers non-deposit investment products. MVB FINANCIAL CORP. (OTCMKTS:MVBF) Recent Trading Information
MVB FINANCIAL CORP. (OTCMKTS:MVBF) closed its last trading session 00.00 at 12.85 with 200 shares trading hands.