SEC Form 4 · accession 0001567619-19-000070
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 31, 2018
Accepted (ET)
Jan 2, 2019 · 4:08 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 31, 2018 | M | 3,333 | — | A | 831,953 | I | Trustee |
| Common StockF4 | Dec 31, 2018 | J | 0 | — | A | 33,088 | I | Spouse's IRA |
| Common StockF5 | Dec 31, 2018 | J | 0 | — | A | 10,126 | I | Custodian for Minors |
| Common StockF6 | Dec 31, 2018 | J | 0 | — | A | 230,202 | 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 UnitsF2,F1 | $9.58 | Dec 31, 2018 | M | 3,333 | D | — | — | Common Stock | 3,333 | 6,667 | D |
Explanation of responses
- F1Result of one-third vesting of restricted stock units (RSUs) granted February 27, 2018 that vested December 31, 2018.
- F2Represents the market closing price on December 31, 2018.
- F3Shares help 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.
- F6Represents shares held by Mr. Woods directly.