SEC Form 4 · accession 0001140361-16-060877
UNITED SECURITY BANCSHARES · UFBO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis R Woods
Officer — CEO · Director
Period of report
Apr 11, 2016
Accepted (ET)
Apr 12, 2016 · 1:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001137547
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| UBFO COMMON STOCKF1,F2 | Apr 11, 2016 | S | 9,000 | $5.00 | D | 1,095,420 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales of shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 15, 2016. The Rule 10b5-1 plan was adopted for estate planning and diversification purposes, covers a limited period of time, and covers a limited number of shares that represents only a portion of the reporting person's anticipated annual stock dividends.
- F2Includes 56,812 shares as custodian for minors & 32,196 shares owned by spouse