# EDGAR Filing Document

**Accession Number:** 0000729986
**File Stem:** 0001225208-23-001389
**Filing Date:** 2023-2
**Character Count:** 6534
**Document Hash:** 6f3497b97b96bfbb8e47fecacb15df66
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001225208-23-001389.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001225208-23-001389

**CONFORMED SUBMISSION TYPE**: 5

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Schultheis Anna J
- **CENTRAL INDEX KEY:** 0001929788

**FILING VALUES:**
- **FORM TYPE:** 5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 002-86947
- **FILM NUMBER:** 23593308

**MAIL ADDRESS:**
- **STREET 1:** 514 MARKET ST
- **CITY:** PARKERSBURG
- **STATE:** WV
- **ZIP:** 26101
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** UNITED BANKSHARES INC/WV
- **CENTRAL INDEX KEY:** 0000729986
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 550641179
- **STATE OF INCORPORATION:** WV
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 300 UNITED CTR
- **STREET 2:** 500 VIRGINIA ST E
- **CITY:** CHARLESTON
- **STATE:** WV
- **ZIP:** 25301
- **BUSINESS PHONE:** 3044248800

**MAIL ADDRESS:**
- **STREET 1:** 300 UNITED CT
- **STREET 2:** 500 VIRGINIA ST E
- **CITY:** CHARLESTON
- **STATE:** WV
- **ZIP:** 25301

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 5

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Schultheis Anna J<br><sub>(Last) (First) (Middle)</sub><br>514 MARKET ST<br><sub>(Street)</sub><br>PARKERSBURG, WV 26101<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2022-12-31 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Executive Vice President_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>UNITED BANKSHARES INC/WV [ UBSI ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock |  |  |  |  |  |  |  | 5725.1862<sup>(1)</sup> | D |  |
| Common Stock |  |  |  |  |  |  |  | 8475.6138<sup>(2)</sup> | I | By 401k |
| Common Stock |  |  |  |  |  |  |  | 1091.9510<sup>(1)</sup> | I | Indirect by Spouse |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option | $28.8900 |  |  |  |  |  |  | 2014-02-24 | 2024-02-24 | Common Stock | 1250 |  | 1250 | D |  |
| Stock Option | $32.5100 |  |  |  |  |  |  | 2020-02-24 | 2030-02-24 | Common Stock | 793 |  | 793 | D |  |
| Stock Option | $35.0400 |  |  |  |  |  |  | 2016-02-29 | 2026-03-01 | Common Stock | 1375 |  | 1375 | D |  |
| Stock Option | $36.9200 |  |  |  |  |  |  | 2015-02-23 | 2025-02-23 | Common Stock | 1250 |  | 1250 | D |  |
| Stock Option | $37.6000 |  |  |  |  |  |  | 2018-02-26 | 2028-02-26 | Common Stock | 1750 |  | 1750 | D |  |
| Stock Option | $38.4900 |  |  |  |  |  |  | 2019-02-25 | 2029-02-25 | Common Stock | 1750 |  | 1750 | D |  |
| Stock Option | $45.3000 |  |  |  |  |  |  | 2017-02-27 | 2027-02-27 | Common Stock | 1750 |  | 1750 | D |  |

---

### Footnotes:

(1) Additional stock acquired in the Dividend Reinvestment Plan.

(2) Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.

**Signature:** Shelli L. Adams  
**Date:** 2023-02-07

### Remarks:

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.**