X0306 4 2017-04-21 1 0001060523 CARDINAL FINANCIAL CORP CFNL 0001277588 REYNOLDS F KEVIN 8270 GREENBORO DR STE 500 MCLEAN VA 22102 0 1 0 0 President, Cardinal Bank, N.A. Common Stock 2017-04-21 4 D 0 24414 D 0 D Stock Option 16.58 2017-04-21 4 D 0 11969 D 2023-02-13 Common Stock 11969 0 D Stock Option 16.54 2017-04-21 4 D 0 18000 D 2024-02-19 Common Stock 18000 0 D Stock Option 20.05 2017-04-21 4 D 0 10500 D 2025-03-18 Common Stock 10500 0 D Stock Option 19.18 2017-04-21 4 D 0 2000 D 2026-02-16 Common Stock 2000 0 D Effective April 21, 2017, pursuant to an Agreement and Plan of Reorganization, dated as of August 17, 2016 (the "Merger Agreement"), by and among United Bankshares, Inc. ("United"), its subsidiary UBV Holding Company, LLC ("UBV") and Cardinal Financial Corporation ("Cardinal"), Cardinal merged with and into UBV, with UBV as the surviving company (the "Merger"). In the Merger, each share of Cardinal's common stock converted into 0.71 shares of United's common stock. The stock options vested as follows: 25% on February 13, 2013, and 25% on the anniversary date of the grant for three years. The stock options vested as follows: 1/3 on February 19, 2014 and 1/3 on the anniversary date of the grant for two years. The stock options vested as follows: 1/3 on March 18, 2015 and 1/3 on the anniversary date of the grant for two years. The stock options vested as follows: 1/3 on February 16, 2016 and 1/3 on the anniversary date of the grant for two years. This option was assumed by United in the Merger, fully vested, and replaced with an option to purchase shares of United common stock equal to the number of shares of Cardinal common stock subject to such option multiplied by 0.71, at an exercise price equal to the exercise price of such option divided by 0.71. /s/ Jennifer L. Deacon, as Attorney in Fact 2017-04-26