SEC Form 4/A · accession 0000899243-16-029848
UNITED COMMUNITY FINANCIAL CORP · UCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Patrick W Bevack
Director
Period of report
Sep 19, 2016
Accepted (ET)
Sep 23, 2016 · 11:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000707886
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Sep 19, 2016 | M | 31,421 | $5.8852 | A | 241,180 | D | |
| Common SharesF3 | Sep 19, 2016 | D | 31,421 | $7.26 | D | 209,759 | D | |
| Common Shares | holding | — | — | — | 8,504 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F2,F4 | $5.8852 | Sep 19, 2016 | M | 31,421 | D | Feb 27, 2008 | Feb 27, 2018 | Common Shares | 31,421 | 0 | D |
Explanation of responses
- F1This amendment is being filed to amend the Form 4 filed by the reporting person on September 20, 2016 (the "Original Form") to correct an inadvertent administrative error in (i) the number of common shares underlying the stock option exercised by the reporting person on September 19, 2016 in columns 5 and 7 of Table 2, (ii) the number of common shares acquired upon exercise of such stock option as reported in column 4 of Table 1 and (iii) the number of shares beneficially owned following this exercise as reported in column 5 of Table 1. The Original Form underreported the amount of common shares underlying the employee stock option disposed of by the reporting person on September 19, 2016 and thus the number of common shares acquired upon such exercise was also underreported.
- F2This amendment is also being filed to amend the Original Form to correct an inadvertent error in the exercise price that was reported for the employee stock option exercised by the reporting person on September 19, 2016.
- F3This amendment is also being filed to amend the Original Form to correct the number of common shares sold by the reporting person in column 4 of Table 1, which was underreported due to the inadvertent error described in Footnote 1 to this amended Form 4.
- F4The option became exercisable in three equal annual installments, beginning on the identified date, which was the first anniversary of the date on which the option was granted.