SEC Form 4 · accession 0000857855-16-000083
UNITED COMMUNITY BANKS INC · UCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jimmy C Tallent
Officer — Chairman & CEO · Director
Period of report
Aug 16, 2016
Accepted (ET)
Aug 18, 2016 · 4:03 pm EDT
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 | Aug 16, 2016 | F | 233 | $19.81 | D | 102,549 | D | |
| Common Stock IssuableF2,F3 | holding | — | — | — | 127,001 | D | ||
| Common Stock (PSUs) | holding | — | — | — | 46,200 | D | ||
| Common Stock (RSUs)F2 | holding | — | — | — | 19,800 | D | ||
| Common StockF4 | holding | — | — | — | 38,735 | I | By 401k | |
| Common Stock | holding | — | — | — | 77 | I | Jeanne Tallent (spouse) | |
| Common Stock | holding | — | — | — | 61 | I | as Custodian for Minor Grandchildren |
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 Restricted Stock Units ("RSUs").
- F2Reflects reclassification of RSUs into Phantom Stock pursuant to the United Community Banks, Inc. Deferred Compensation Plan.
- F3Includes 664.7 shares purchased pursuant to dividend reinvestment purchases.
- F4Reflects forfeiture of 10 shares as payment for fees associated with the United Community Banks, Inc. Profit Sharing Plan.