SEC Form 4 · accession 0000899243-17-003214
UNITED COMMUNITY FINANCIAL CORP · UCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis Michael Altman
Director
Period of report
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 9:47 pm EST
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 | Feb 6, 2017 | A | 2,482 | $0.00 | A | 6,969 | D | |
| Common SharesF1,F2 | Feb 6, 2017 | A | 148 | $0.00 | A | 148 | I | By Irrevocable Trust Agreement of Louis M. Altman |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Agreement and Plan of Merger by and between United Community Financial Corp. (the "Issuer"), The Home Savings and Loan Company of Youngstown, Ohio, Ohio Legacy Corp. ("OLC") and Premier Bank & Trust, dated as of September 8, 2016 (the "Merger Agreement"), at the effective time of the merger, each share of OLC common stock or preferred stock issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive, at the shareholder's election and subject to proration and allocation as set forth in the Merger Agreement, $18.00 in cash or 2.736 shares of Issuer common stock.
- F2The reporting person's spouse is trustee of the trust. The reporting person disclaims ownership of these securities, and the filing of this Form 4 is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16 or for any other purpose.