SEC Form 4 · accession 0000857855-16-000057
UNITED COMMUNITY BANKS INC · UCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Bradshaw
Officer — PRESIDENT, SPECIALIZED LENDING
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 3:23 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,F2 | Jan 25, 2016 | F | 475 | $16.78 | D | 6,661 | D | |
| Common Stock (PSUs)F3,F2 | Jan 25, 2016 | D | 53 | $0.00 | D | 2,500 | D | |
| Common Stock (RSUs) | holding | — | — | — | 26,625 | D | ||
| Common Stock IssuableF4 | holding | — | — | — | 1,881 | 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").
- F2Reflects reclassification of PSUs into Common Stock.
- F3These shares of PSUs were forfeited due to failure to achieve performance criteria on date of vest.
- F4Includes 5.902 shares acquired pursuant to dividend reinvestment