SEC Form 4 · accession 0001567619-18-008389
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
Dec 19, 2018
Accepted (ET)
Dec 19, 2018 · 6:02 pm EST
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 StockF1,F3 | Dec 19, 2018 | M | 7,500 | — | A | 828,620 | I | Trustee |
| Common StockF4 | Dec 19, 2018 | J | 0 | — | A | 33,088 | I | Spouse's IRA |
| Common StockF5 | Dec 19, 2018 | J | 0 | — | A | 10,126 | I | Custodian for Minors |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restrited Stock UnitF2,F1 | $9.97 | Dec 19, 2018 | M | 7,500 | A | — | — | Common Stock | 7,500 | 10,000 | D |
Explanation of responses
- F1Result of full vesting of restricted stock units (RSUs) granted December 19, 2017 that vested on December 19, 2018.
- F2Represents the market closing price on December 19, 2018.
- F3Shares held in various trusts where Mr. Woods serves as trustee with voting power over shares.
- F4Represents shares held in Spouse's IRA
- F5Represents shares held by Mr. Woods as a custodian for minors.