SEC Form 4 · accession 0001567619-18-004970
UNITED SECURITY BANCSHARES · UFBO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Oberg Jr.
Officer — SVP & CHIEF RISK OFFICER
Period of report
Oct 23, 2018
Accepted (ET)
Nov 2, 2018 · 10:55 am 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 |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Oct 23, 2018 | M | 0 | $0.00 | A | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITSF1 | — | Oct 23, 2018 | A | 17,374 | A | — | Oct 23, 2028 | COMMON STOCK | 17,374 | 17,374 | D |
Explanation of responses
- F11. REPRESENTS GRANT OF RESTRICTED STOCK UNITS TO VEST AS FOLLOWS: 20% ON OCTOBER 23, 2019, 20% ON OCTOBER 23, 2020, 20% ON OCTOBER 23, 2021, 20% ON OCTOBER 23, 2022, AND THE REMAINING UNITS ON OCTOBER 23, 2023. THE RESTRICTED STOCK UNITS WERE ISSUED TO THE REPORTING PERSON PURSUANT TO THE ISSURER'S 2015 EQUITY INCENTIVE PLAN