SEC Form 4 · accession 0000857855-16-000061
UNITED COMMUNITY BANKS INC · UCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A. Edwards
Officer — EVP, CHIEF CREDIT OFFICER
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 2:49 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 | Feb 29, 2016 | F | 5,624 | $17.42 | D | 10,781 | D | |
| Common Stock (PSUs)F3 | Feb 29, 2016 | D | 53 | $0.00 | D | 3,750 | D | |
| Common Stock (Restricted Stock Units) | holding | — | — | — | 32,292 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Unied Community Banks, Inc. common stock withheld to satisfy tax obligations pon vesting of Performance ("PSUs") and Time-Based ("RSUs") Restricted Stock Units.
- F2Reflects reclassification of PSUs and RSUs into Common Stock upon vesting.
- F3These shares of PSUs were forfeited due to failure to achieve performance criteria on date of vest.