SEC Form 4 · accession 0001225208-17-011592
United Community Bancorp · UCBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry W Hacker
Director
Period of report
Jun 22, 2017
Accepted (ET)
Jun 26, 2017 · 5:26 pm 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 StockF1 | Jun 22, 2017 | M | 4,953 | $11.33 | A | 19,829 | D | |
| Common StockF1,F2 | Jun 22, 2017 | F | 2,945 | $19.05 | D | 16,884 | D | |
| Common Stock | holding | — | — | — | 5,565 | I | By IRA | |
| Common Stock | holding | — | — | — | 3,943 | I | By Spouse's IRA | |
| Common StockF2,F3 | holding | — | — | — | 1,164 | 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)F4 | $11.33 | Jun 22, 2017 | M | 4,953 | D | — | Apr 24, 2024 | Common Stock | 4,953 | 3,300 | D |
| Stock Option (Right to Buy)F5 | $17.54 | holding | — | — | — | Jan 2, 2008 | Dec 14, 2016 | Common Stock | 8,178 | 8,178 | D |
Explanation of responses
- F1This Form is being filed to report the exercise of stock options to acquire 4,953 shares of United Community Bancorp common stock by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder attests to the ownership of enough shares of stock already owned by the option holder to cover the exercise price of the option being exercised. As a result of this stock swap, the reporting person acquired ownership of an additional 2,008 shares of United Community Bancorp common stock.
- F2Since the reporting person's last report, 582 shares of restricted stock have vested and are now held directly.
- F3Restricted stock vests in five equal annual installments beginning on April 24, 2015, the first anniversary of the date of the award.
- F4Stock options vest in five equal annual installments beginning on April 24, 2015, the first anniversary of the date of the grant.
- F5Stock options are fully vested and exercisable.