SEC Form 4 · accession 0000899243-17-003767
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 9, 2017
Accepted (ET)
Feb 13, 2017 · 3:16 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 SharesF2 | Feb 9, 2017 | J | 54,316 | $0.00 | A | 61,285 | D | |
| Common SharesF3 | Feb 9, 2017 | J | 3,248 | $0.00 | A | 3,396 | I | By Irrevocable Trust Agreement of Louis M. Altman |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pro-rata distribution by AF Capital Holdings, LLC ("AF Capital") to its members upon conversion of each issued and oustanding share of Ohio Legacy Corp. ("OLC") common stock into a right to receive 2.736 shares of United Community Financial Corp. (the "Issuer") common stock, pursuant to the Agreement and Plan of Merger by and between the Issuer, The Home Savings and Loan Company of Youngstown, Ohio, OLC, and Premier Bank & Trust, dated as of September 8, 2016 (the "Merger Agreement"), at the effective time of the merger, subject to proration and allocation requirements in the Merger Agreement.
- F2The shares of Issuer common stock were initially distributed to Louis M. Altman, LLC before being distributed to the reporting person, as sole member of Louis M. Altman, LLC.
- F3The 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.