SEC Form 4 · accession 0001225208-18-013460

United Community Bancorp · UCBA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and CEO · Director

Period of report

Sep 14, 2018

Accepted (ET)

Sep 17, 2018 · 4:08 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	D/I	Nature of ownership
Common Stock^F1	Sep 14, 2018	D	21,876	$0.00	D	D
Common Stock^F1	Sep 14, 2018	D	31,112	$0.00	D	I	By 401(k) Plan
Common Stock^F1	Sep 14, 2018	D	15,929	$0.00	D	I	By ESOP
Common Stock^F1	Sep 14, 2018	D	2,714	$0.00	D	I	Restricted Stock

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	Sep 14, 2018	D	38,514	D	—	Apr 24, 2024	Common Stock	38,514	0	D

F1Disposed of pursuant to the Agreement and Plan of Merger, dated as of March 11, 2018, by and between Civista Bancshares, Inc. ("Civista"), Civista Bank, United Community Bancorp ("United Community Bancorp") and United Community Bank, pursuant to which United Community Bancorp merged with and into Civista, with Civista continuing as the surviving entity (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of United Community Bancorp common stock issued and outstanding immediately prior to such time (other than certain excluded common stock) was converted into the right to receive 1.027 shares of Civista common stock and $2.54.
F2At the Effective Time, pursuant to the Agreement and Plan of Merger, dated as of March 11, 2018, by and between Civista, Civista Bank, United Community Bancorp and United Community Bank, all stock options were cancelled and the reporting person received a cash payment equal to $27.01 per share minus the applicable exercise price of such stock option multiplied by each stock option held.