SEC Form 4 · accession 0000857855-16-000055
UNITED COMMUNITY BANKS INC · UCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Lynn Harton
Officer — President & COO · Director
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 2:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000857855
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 25, 2016 | F | 634 | $16.78 | D | 98,850 | D | |
| Common Stock (PSUs)F2 | Jan 25, 2016 | D | 890 | $0.00 | D | 41,888 | D | |
| Common Shares IssuableF3,F4 | holding | — | — | — | 56,887 | D | ||
| Common Stock (RSUs) | holding | — | — | — | 26,928 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of United Community Banks, Inc. Common Stock withheld to satisfy tax obligations upon vesting of Performance-Based Restricted Stock Units ("PSUs").
- F2These shares of PSUs were forfeited due to failure to achieve performance criteria on date of vest.
- F3Reflects reclassification of PSUs into the United Community Banks Deferred Compensation Plan.
- F4Includes 227.214 shares acquired pursuant to dividend reinvestment