SEC Form 4 · accession 0001225208-16-033267
United Community Bancorp · UCBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Michael McLaughlin
Officer — Executive V.P. and COO
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 10:36 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001514131
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 11, 2016 | S | 1,400 | $14.42 | D | 5,601 | D | |
| Common Stock | holding | — | — | — | 17,395 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 8,017 | I | By ESOP | |
| Common Stock | holding | — | — | — | 2,544 | I | By Spouse's IRA | |
| Common StockF1 | holding | — | — | — | 6,984 | I | Restricted Stock |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $11.33 | holding | — | — | — | — | Apr 24, 2024 | Common Stock | 33,012 | 33,012 | D |
| Stock Option (Right to Buy)F3 | $17.54 | holding | — | — | — | Jan 2, 2008 | Dec 14, 2016 | Common Stock | 23,171 | 23,171 | D |
Explanation of responses
- F1Restricted stock vests in five equal annual installments beginning on April 24, 2015, the first anniversary of the date of the award.
- F2Stock options vest in five equal annual installments beginning on April 24, 2015, the first anniversary of the date of the grant.
- F3Stock options are fully vested and exercisable.